The Bank of England said on Thursday that it would raise the cost of borrowing by…
Tag: economy
Switzerland gets first interest rate rise in 15 years
The central bank increased its policy rate to minus 0.25% from the minus 0.75% level it…
Fed hikes interest rates by three-quarters of a percentage point in boldest move since 1994
It’s the largest rate hike since 1994, and will affect millions of American businesses and households,…
European Central Bank tries to ease fears of a debt crisis after bond ‘panic’
At its regular meeting last week, the ECB confirmed plans to increase rates by 25 basis…
Key inflation measure slows slightly, but remains uncomfortably high
The Producer Price Index, which measures wholesale prices before goods and services reach consumers, rose 10.8%…
America’s workers gained power during Covid. A volatile economy will put that to the test
And with today’s tight labor market, workers continue to have the upper hand — there are…
U.S. inflation surging at fastest pace in 40 years
U.S. inflation surging at fastest pace in 40 years – CBS News Watch CBS News Prices…
This week on
“Face the Nation” Guest Lineup: Representative Adam Kinzinger – (R) Illinois, member of the House select…
Analysis: China’s economy is looking brighter but it’s not in the clear yet
The positive developments come after the world’s second largest economy was battered by widespread Covid lockdowns,…
