Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher
STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…
Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’
Atlanta Federal Reserve President Raphael Bostic said Tuesday he envisions the central bank approving one more interest rate increase before…
Larry Fink doesn’t see a big recession this year, but expects inflation to stay higher for longer
Larry Fink, chairman and CEO of BlackRock, believes the U.S. could skirt a major economic downturn this year, but inflation…
Chicago Fed President Goolsbee says recent reports show inflation is moving in the right direction
The latest batch of economic data shows positive developments on the inflation front, but the Federal Reserve’s job is not…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
Fed expects banking crisis to cause a recession this year, minutes show
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according…
Banks in ‘more precarious situation’ creating risks for global growth, IMF chief economist warns
Interest rate rises have increased banks’ vulnerabilities — and their response presents a significant risk to global growth, the International…
This Friday could hold the key to our bank stocks and the direction of the market for weeks
The countdown is on. Earnings season is set to kick off Friday with the banks, one of ours among them.…
