The president of the Cleveland Federal Reserve said Thursday that the central bank needs to keep raising interest rates until high U.S. inflation has begun to subside, joining a coterie Read more
Tag: interest
‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort
Sen. Kyrsten Sinema has signaled her opposition to closing a controversial tax loophole that allows carried interest to be taxed as capital gains instead of income, according to multiple reports. Read more
U.K. recession looms warns Bank of England as it hikes interest rates by most in 27 years
The Bank of England hiked interest rates by the most in 27 years on Thursday as it predicted U.K. inflation may hit double digits by the end of 2022 and Read more
Top Fed officials say U.S. interest rates to keep rising until high inflation eases
Two top officials at the Federal Reserve on Tuesday said the U.S. central bank needs to raise interest rates a lot higher and probably keep them high for awhile to Read more
Fed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time this year in an aggressive bid to cool off the hottest inflation in four decades, Read more
Fed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time this year in an aggressive bid to cool off the hottest inflation in four decades, Read more
If gold prices keep falling, it won’t be because interest rates are rising
Gold prices will plunge in coming weeks, according to one of the strongest correlations you’ll ever see in the markets. Except you shouldn’t put any weight on this correlation. This Read more
Wednesday’s Fed meeting will be analyzed for these 4 things
With inflation pressures showing no signs of abating, economists see the Federal Reserve on auto-pilot this week, delivering a 0.75 percentage point rate hike to push its benchmark rate up Read more
European Central Bank hikes interest rates by 50 basis points, approves anti-fragmentation tool
The European Central Bank on Thursday lifted interest rates by 50 basis points, or half a percentage point, and approved a new tool designed to keep yields on bonds of Read more
The typical S&P 500 CEO made 324 times more than the median-paid worker last year and the case for 0% interest student loans instead of cancellation
Hi, MarketWatchers. Don’t miss these top stories. 60 million Americans are set for 100-degree weather — but not everyone will feel the heat equally The way a person experiences extreme Read more