Fed hikes rates by a quarter percentage point, indicates increases are near an end
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent…
Fail or sale? What could be next for stricken Credit Suisse
Credit Suisse may have received a liquidity lifeline from the Swiss National Bank, but analysts are still assessing the embattled…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…
UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The…
Here’s everything the Federal Reserve is expected to do Wednesday
(Follow our live coverage of the Fed rate decision today.) Update: The Federal Reserve on Wednesday enacted a quarter percentage point interest…
European Central Bank hikes rates despite market mayhem, pledges support if needed
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…
OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger
OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook…
Something broke, but the Fed is still expected to go through with rate hikes
When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes…
One of the best ways to figure out what the Fed will do next is to look at regional bank stocks
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding…
