The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…
Stocks making the biggest moves after hours: Intel, Ford, Roku, Enphase Energy and more
Check out the companies making headlines in extended trading. Intel — The technology stock jumped nearly 6% as investors cheered…
Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said…
Watch live: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…
GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster-than-expected…
European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…
CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’
It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…
Mitch McConnell freezes at Senate press conference, is briefly unable to speak
WASHINGTON — Senate Minority Leader Mitch McConnell abruptly froze and was briefly unable to speak at a Senate press conference…
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…
Stocks making the biggest moves premarket: Alphabet, Microsoft, PacWest, Snap and more
Check out the companies making headlines before the bell. Alphabet — The Google parent popped more than 6% after topping…
