Tag: Interest Rate Hike

The Federal Reserve is widely expected to hold U.S. interest rates steady at its September meeting which concludes on Wednesday. Still, observers are being careful to not rule out the possibility of the Fed implementing further interest rate hikes later on in the year. "I...

The Federal Reserve faces a hurdle in its effort to bring an end to its aggressive monetary policy in the face of high inflation. August's Consumer Price Index report released on Wednesday showed that U.S. consumer prices rose on a monthly basis at the...

Investors are raising bets that the European Central Bank will continue to raise its interest rates for longer than was previously expected. The ECB is set to reconvene on Thursday for its September policy meeting. Money markets have priced a 45% chance that the...

The UK economy is showing signs of slowing following 14 interest rate hikes by the Bank of England (BoE) in an effort to fight inflation. A survey published on Wednesday showed that activity among businesses dropped by its largest margin since January 2021, when...

Federal Reserve officials are set to gather at the central bank’s annual economic symposium in Jackson Hole, Wyoming this week. Investors are bracing themselves for Friday's speech from Fed Chair Jerome Powell, who is expected to provide further insight into how the central bank...

The British pound is set to record its second straight monthly gain in July and fourth rise in five months. This comes as the Bank of England (BoE) mulls further interest rate hikes in an effort to cool stubborn inflation. Currently, the British central bank...