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Tag: Central bank interest rates

US stocks lose ground as markets ponder the Fed’s next moves

US stocks lose ground as markets ponder the Fed’s next moves

December 6, 2022December 6, 2022 · Finance

NEW YORK — Stocks fell in morning trading on Wall Street Tuesday as markets ponder the Federal Reserve’s next moves on fighting inflation. The S&P 500 fell 0.9%…

Read more US stocks lose ground as markets ponder the Fed’s next moves
US stocks lose ground as markets ponder the Fed’s next moves

Asian shares lower as strong data hit hopes for dovish Fed

December 5, 2022December 5, 2022 · Finance

BANGKOK — Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight…

Read more Asian shares lower as strong data hit hopes for dovish Fed
Turkish inflation eases for 1st time in more than a year

Turkish inflation eases for 1st time in more than a year

December 5, 2022December 5, 2022 · World News

ANKARA, Turkey — Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official figures released on Monday, although…

Read more Turkish inflation eases for 1st time in more than a year
Turkish inflation eases for 1st time in more than a year

Turkish inflation eases for 1st time in more than a year

December 5, 2022December 5, 2022 · Finance

ANKARA, Turkey — Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official figures released on Monday, although…

Read more Turkish inflation eases for 1st time in more than a year
EXPLAINER: 5 key takeaways from the November jobs report

EXPLAINER: 5 key takeaways from the November jobs report

December 2, 2022December 2, 2022 · Breaking News

WASHINGTON — For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control. And…

Read more EXPLAINER: 5 key takeaways from the November jobs report
Asian shares sink on revived worries over recession, China

Asian shares sink on revived worries over recession, China

December 2, 2022December 2, 2022 · Finance

BANGKOK — Shares retreated in Europe and Asia on Friday ahead of the release of U.S. jobs data. Optimism over moves by China to ease strict pandemic controls…

Read more Asian shares sink on revived worries over recession, China
Turkish inflation eases for 1st time in more than a year

Applications for jobless benefits decline last week

December 1, 2022December 1, 2022 · Finance

WASHINGTON — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by…

Read more Applications for jobless benefits decline last week
Powell: Fed to keep rates higher for longer to cut inflation

Powell: Fed to keep rates higher for longer to cut inflation

November 30, 2022November 30, 2022 · Finance

WASHINGTON — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday, in remarks likely…

Read more Powell: Fed to keep rates higher for longer to cut inflation
AP Interview: IMF chief urges targeted COVID policy in China

AP Interview: IMF chief urges targeted COVID policy in China

November 29, 2022November 29, 2022 · Finance

BERLIN — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund…

Read more AP Interview: IMF chief urges targeted COVID policy in China
Asian shares fall as China protests, lockdowns cloud outlook

Asian shares fall as China protests, lockdowns cloud outlook

November 27, 2022November 27, 2022 · Finance

BANGKOK — Shares skidded in Asia on Monday, with Hong Kong briefly dipping more than 4% following weekend protests in various cities over China’s strict zero-COVID lockdowns. U.S.…

Read more Asian shares fall as China protests, lockdowns cloud outlook
Turkish inflation eases for 1st time in more than a year

Turkish central bank cuts rates again despite high inflation

November 24, 2022November 24, 2022 · Finance

ANKARA, Turkey — Turkey’s central bank delivered another outsized interest rate cut Thursday despite inflation running at more than 85% and other countries moving the opposite way to…

Read more Turkish central bank cuts rates again despite high inflation
Turkish inflation eases for 1st time in more than a year

Sweden’s big interest rate hike follows other central banks

November 24, 2022November 26, 2022 · Finance

STOCKHOLM — Sweden’s central bank followed other central banks in undertaking a big increase to its key interest rate to combat inflation, saying Thursday that high prices are…

Read more Sweden’s big interest rate hike follows other central banks
New Zealand hikes interest rate to 4.25% to fight inflation

New Zealand hikes interest rate to 4.25% to fight inflation

November 22, 2022November 22, 2022 · World News

WELLINGTON, New Zealand — New Zealand’s central bank hiked interest rates Wednesday by a record amount as it tries to get inflation under control. The Reserve Bank of…

Read more New Zealand hikes interest rate to 4.25% to fight inflation
China anti-virus curbs spur fears of global economic impact

China anti-virus curbs spur fears of global economic impact

November 22, 2022November 22, 2022 · Breaking News

BEIJING — More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising, the government said Tuesday, adding…

Read more China anti-virus curbs spur fears of global economic impact
Asian stocks down after Wall St weekly loss on rate fears

Asian stocks down after Wall St weekly loss on rate fears

November 20, 2022November 21, 2022 · Finance

BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes…

Read more Asian stocks down after Wall St weekly loss on rate fears
Asian stocks down after Wall St weekly loss on rate fears

Asian stocks down after Wall St weekly loss on rate fears

November 20, 2022November 20, 2022 · Finance

BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes…

Read more Asian stocks down after Wall St weekly loss on rate fears
Fewer Americans file for jobless benefits last week

Fewer Americans file for jobless benefits last week

November 17, 2022November 17, 2022 · Breaking News

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring…

Read more Fewer Americans file for jobless benefits last week
Asian benchmarks mixed as markets eye COVID, inflation risks

Asian benchmarks mixed as markets eye COVID, inflation risks

November 13, 2022November 13, 2022 · Finance

TOKYO — Asian shares were mixed in Monday trading as momentum faded from last week’s rally on Wall Street amid varied sentiments about coronavirus restrictions easing in China…

Read more Asian benchmarks mixed as markets eye COVID, inflation risks
Asian benchmarks advance as markets watch China, inflation

Asian benchmarks advance as markets watch China, inflation

November 6, 2022November 6, 2022 · Finance

TOKYO — Asian stocks advanced Monday as investors weighed uncertainties such as the U.S. mid-term elections and China‘s possible moves to ease coronavirus restrictions. Oil prices fell and…

Read more Asian benchmarks advance as markets watch China, inflation
Stocks end lower as the Fed continues to fight inflation

Stocks end lower as the Fed continues to fight inflation

November 3, 2022November 3, 2022 · Finance

NEW YORK — Stocks racked up more losses on Wall Street and Treasury yields again rose to multiyear highs Thursday as investors looked ahead to a closely watched…

Read more Stocks end lower as the Fed continues to fight inflation
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