Browsing: Economy
In recent developments, two officials from the Federal Reserve hinted on Friday at the possibility of an additional increase in interest rates. The move is seen…
China’s two-decade growth surge prior to COVID was greatly aided by three forces — the liberalization of land development, accelerated urbanization and increased homeownership; entry into the WTO and resulting…
The European Central Bank (ECB) has decided to hold its interest rates at 4% for the foreseeable future, following a hike of 0.25 percentage points last…
An unprecedented surge in trading volume was witnessed this week in a specific segment of the federal funds futures market, following the Federal Reserve’s meeting where…
“ Going from zero to 2% was almost no increase. Going from zero to 5% caught some people off guard, but no one would have taken…
(Corrects spelling of Bardrick in paragraph 3 and 7.) By Anousha Sakoui LONDON (Reuters) -Citigroup has warned UK-based employees of the likelihood of redundancies as the…
(Reuters) -The United Auto Workers will expand its strikes against Detroit automakers General Motors (NYSE:) and Chrysler parent Stellantis (NYSE:), but has made real progress in…
Investing.com — Federal Reserve officials emphasized the central bank’s message that interest rates will stay higher for longer than previously expected days after hitting pause on…
In a move that is expected to significantly bolster the Indian rupee, JP Morgan is incorporating Indian bonds into its emerging-market index. This development was announced…
A partial government shutdown would be “credit negative” for the U.S., Moody’s said Monday, as time was running short to pass a stopgap budget ahead of…