Finance
US stocks lose ground as markets ponder the Fed’s next moves
[ad_1] NEW YORK — Stocks fell in morning trading on Wall Street Tuesday as markets ponder the Federal Reserve’s next moves on fighting inflation.…
Tag: Central bank interest rates
Finance
Asian shares lower as strong data hit hopes for dovish Fed
[ad_1] BANGKOK — Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty…
World News
Turkish inflation eases for 1st time in more than a year
[ad_1] ANKARA, Turkey — Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official…
Finance
Turkish inflation eases for 1st time in more than a year
[ad_1] ANKARA, Turkey — Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official…
Breaking News
EXPLAINER: 5 key takeaways from the November jobs report
[ad_1] WASHINGTON — For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and…
Finance
Asian shares sink on revived worries over recession, China
[ad_1] BANGKOK — Shares retreated in Europe and Asia on Friday ahead of the release of U.S. jobs data. Optimism over moves by China…
Finance
Applications for jobless benefits decline last week
[ad_1] WASHINGTON — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market…
Finance
Powell: Fed to keep rates higher for longer to cut inflation
[ad_1] WASHINGTON — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell…
Finance
AP Interview: IMF chief urges targeted COVID policy in China
[ad_1] BERLIN — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head…
Finance
Asian shares fall as China protests, lockdowns cloud outlook
[ad_1] BANGKOK — Shares skidded in Asia on Monday, with Hong Kong briefly dipping more than 4% following weekend protests in various cities over…
Finance
Turkish central bank cuts rates again despite high inflation
[ad_1] ANKARA, Turkey — Turkey’s central bank delivered another outsized interest rate cut Thursday despite inflation running at more than 85% and other countries…
Finance
Sweden’s big interest rate hike follows other central banks
[ad_1] STOCKHOLM — Sweden’s central bank followed other central banks in undertaking a big increase to its key interest rate to combat inflation, saying…
World News
New Zealand hikes interest rate to 4.25% to fight inflation
[ad_1] WELLINGTON, New Zealand — New Zealand’s central bank hiked interest rates Wednesday by a record amount as it tries to get inflation under…
Breaking News
China anti-virus curbs spur fears of global economic impact
[ad_1] BEIJING — More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising,…
Finance
Asian stocks down after Wall St weekly loss on rate fears
[ad_1] BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans…
Finance
Asian stocks down after Wall St weekly loss on rate fears
[ad_1] BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans…
Breaking News
Fewer Americans file for jobless benefits last week
[ad_1] 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…
Finance
Asian benchmarks mixed as markets eye COVID, inflation risks
[ad_1] TOKYO — Asian shares were mixed in Monday trading as momentum faded from last week’s rally on Wall Street amid varied sentiments about…
Finance
Asian benchmarks advance as markets watch China, inflation
[ad_1] 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…
Finance
Stocks end lower as the Fed continues to fight inflation
[ad_1] NEW YORK — Stocks racked up more losses on Wall Street and Treasury yields again rose to multiyear highs Thursday as investors looked…