The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are
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Tag: Economy
Here’s everything the Federal Reserve is expected to do Wednesday
Jerome Powell, chairman of the US Federal Reserve. Bloomberg | Bloomberg | Getty Images The Federal Reserve will close its two-day meeting Wednesday with a
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Euro pushes higher as ECB chief Lagarde says inflation is still too high
European Central Bank (ECB) President Christine Lagarde announces a new monetary policy decision. Frederick Florin | Afp | Getty Images The euro traded higher against
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UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images U.K. inflation unexpectedly jumped in February, as food and
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Finland is the world’s happiest country. Now it’s giving away free trips to show travelers why
Finland has been named the happiest country in the world — again. The Nordic country topped the “World Happiness Report 2023,” published this week by
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Traveling to Asia for work? This city is its most expensive business destination
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a
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The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a
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Brent oil prices slip under $72 per barrel amid banking turmoil
Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil
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‘Shotgun wedding’: What the UBS rescue of Credit Suisse means for global markets
Axel Lehmann, chairman of Credit Suisse Group AG, left, and Colm Kelleher, chairman of UBS Group AG, during a news conference in Bern, Switzerland, on
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Saudi National Bank loses over $1 billion on Credit Suisse investment
Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG
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