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" Interest rate"

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Business - Economy
9/21/2022 8:39:43 PM
Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession.

Business - Economy
9/21/2022 5:09:51 PM
The Federal Reserve is expected to produce another big increase in interest rates in the second day of deliberations to tamp down the highest inflation in 40 years, while President Joe Biden announced Wednesday another $2.9 billion for a fund to help resolve global food insecurity.

World - International
9/21/2022 10:16:23 AM
Stocks fell Wednesday ahead of what many expect to be a third successive jumbo interest rate hike by the Federal Reserve, while the dollar hit fresh multi-decade highs against the pound and euro after Moscow stepped up its war in Ukraine.

Al-Ahram Weekly - Economy
9/20/2022 9:58:33 PM
Doaa A. Moneim examines prospects for a new hike in interest rates

Business - Economy
9/20/2022 8:31:10 PM
US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation.

Business - Markets & Companies
9/20/2022 3:22:30 PM
Sweden's central bank on Tuesday raised its key interest rate by a full percentage point to 1.75 percent, saying inflation is "too high'' and "is undermining households' purchasing power and making it more difficult for both companies and households to plan their finances.''

Business - Economy
9/19/2022 11:24:48 AM
Markets fell Monday as traders extended last week's rout across risk assets, with expectations high that the Federal Reserve will this week announce another outsized interest rate hike.

Business - Economy
9/18/2022 9:53:50 AM
The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for the central bank to continue to act aggressively.

War in Ukraine - Economy
9/16/2022 5:57:37 PM
Russia's central bank cuts its main interest rate again on Friday as it seeks to support the economy, bucking a global trend of rising borrowing costs.

Business - Markets
9/12/2022 10:56:20 AM
Asian markets rallied on Monday, building on the momentum of gains in the United States and Europe at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.

Business - Economy
9/8/2022 5:40:59 PM
The European Central Bank made its largest-ever interest rate increase Thursday, following the U.S. Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out the inflation that is squeezing consumers and pushing Europe toward recession.

Business - Economy
9/5/2022 1:46:58 PM
Turkey's annual inflation passed 80% in August, according to official data on Monday, further hitting consumers facing high energy, food and housing costs.

World - International
9/2/2022 3:31:15 PM
Wall Street shifted between small gains and losses Friday ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes meant to cool inflation.

Business - Economy
9/1/2022 11:08:00 PM
Since the onset of the war in Ukraine in March, the Egyptian pound has been devalued by over 20 percent against the US dollar, reaching the highest level of inflation since the implementation of the IMF-backed economic reform programme in late 2016.

Business - Markets
9/1/2022 4:17:25 PM
Global shares were lower Thursday, tracking a broad slide on Wall Street, as investors braced for higher interest rates and inflation worries for some time.

World - International
8/31/2022 10:22:03 AM
Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened.

Business - Markets & Companies
8/30/2022 1:21:23 PM
Global stocks and Wall Street futures rebounded Tuesday as investors digested last week's Federal Reserve pledge to fight inflation by keeping interest rates elevated.

World - International
8/29/2022 10:31:45 PM
Stocks closed lower on Wall Street, adding to their recent losses as traders realized how determined the Federal Reserve is to keep interest rates high to fight inflation. The S&P 500 gave back almost 1% Monday. Technology companies were the biggest drag on the index.

Business - Economy
8/29/2022 11:42:01 AM
Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospects of a cut in the new year.

World - International
8/24/2022 11:17:45 AM
Asian markets were mostly lower on Wednesday as investors await news on the next US interest rate hikes.

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