Tag: Interest Rate

Multiple central banks across the globe implemented interest rate hikes this past week as policymakers look to advance the fight against inflation amid the ongoing banking crisis. The Bank of England implemented its 11th consecutive interest rate hike on Thursday, following the example of the...

Mexico's central bank governor Victoria Rodriguez Ceja is still considering whether or not to implement an interest rate hike that is lower than last month's 50 basis point hike. The governor, who was attending the country’s annual banking convention, stated that "Banxico" will consider...

Omar Meija, the newly-appointed deputy governor of the Bank of Mexico, stated on Wednesday that the central bank could decide to slow down the rate of its interest rate increase. He claimed that one such action could enable the Mexican economy to grow this...

U.S. stocks declined on Friday as investors gear up to face higher interest rates following comments from Federal Reserve and European Central Bank officials. S&P futures fell by 0.8%, while contracts on the Nasdaq 100 and the Dow Jones Industrial Average fell by 1.1%...

U.S. futures as well as the British pound declined as investors reflect on U.S. and U.K. interest rates and how they affect each country's economic outlooks going forward. S&P 500 futures fell 0.3% while those on the Nasdaq 100 declined by 0.4%. Futures on the...

Global stocks are on course for their first weekly loss of the new year as a rally inspired by China's economic reopening is extinguished by central banks' resilience to continue interest rate hikes. European Central Bank President Christine Lagarde confirmed at the World Economic...