New York CNN — Central bankers across the globe are delivering a message: Slow and steady won’t win the race against inflation.
Tag: central banks
Global markets slide as recession fears grip investors
Hong Kong/London CNN — Stock markets in Europe and Asia fell Friday as investors became increasingly worried that more interest rate hikes
Bank of England hikes rates for 13th time as inflation stays high
London CNN — The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly
Takeaways from Fed Chair Powell’s testimony
Washington, DC CNN — Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on Wednesday as part of his
The Fed likely won’t cut rates this year. Why that’s good news for markets
New York CNN — Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets
The Fed lifts rates by a quarter point, despite the failure of three banks this year
Washington, DC CNN — The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike
Fed Chair Powell: Inflation fight will take ‘a significant period of time’
Minneapolis CNN — The US labor market remains “extraordinarily strong” and Friday’s monster jobs report underscored that the central bank has more
BOJ policy meeting: Japan decides to maintain ultra-easy policy, leaves yield curve control targets unchanged
Hong Kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying
King Charles III banknote images revealed for first time
London CNN Business — The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of
First on CNN: Defense bill takes aim at Russia’s pot of gold
New York CNN Business — A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip up Russia’s
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