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Business
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Economy
2/6/2023 5:30:45 PM
Wall Street continued to reel before markets opened on Monday after strong U.S. jobs data last week fanned fears of more interest rate hikes.
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Business
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Economy
2/2/2023 2:23:12 PM
The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S. Federal Reserve eases its pace of increases.
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Business
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Economy
2/2/2023 10:25:00 AM
America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive campaign to rein in costs as inflation cools while signaling the battle is not yet over.
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Business
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Economy
1/23/2023 5:51:20 PM
Stock markets headed higher Monday as investors eyed less aggressive US interest rate hikes this year with inflation starting to cool from sky-high levels
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Business
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Economy
1/12/2023 3:25:46 PM
Global stock markets mostly rose Thursday before data that is widely expected to show another softening of US consumer inflation, giving the Federal Reserve room to slow its interest rate hikes.
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Business
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Markets & Companies
1/5/2023 6:35:20 PM
Eurozone and US stocks fell Thursday as US jobs data added to concerns the Federal Reserve will push on with hikes in US interest rates to fight decades-high inflation.
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Business
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Economy
12/22/2022 3:20:41 PM
Turkish President Recep Tayyip Erdogan on Thursday announced the third major minimum wage hike in a year to try and combat a historic jump in consumer prices ahead of crunch elections.
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Business
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Economy
12/16/2022 4:15:41 PM
Shaken by the Federal Reserve's aggressive stance this week on rate hikes to come, U.S. futures sold off sharply, pointing major markets toward another weekly loss.
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Business
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Economy
12/15/2022 5:04:27 PM
The European Central Bank slowed its record pace of interest rate hikes only slightly Thursday, joining the U.S. Federal Reserve and other central banks around the world in reinforcing an inflation crackdown while glimpsing headway against the high prices that are plaguing consumers.
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Al-Ahram Weekly
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Economy
12/15/2022 2:10:00 PM
Despite unprecedented price hikes, demand on gold is rising.
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Business
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Economy
12/11/2022 10:36:38 AM
The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy.
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Business
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Markets & Companies
12/1/2022 5:15:23 PM
Shares advanced in Europe and Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair's comments on easing the pace of interest rate hikes to tame inflation.
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World
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International
11/30/2022 9:37:38 PM
The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said Wednesday, as the US central bank's campaign to cool prices trickles through the world's largest economy.
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Business
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Economy
11/24/2022 2:45:53 PM
Stock markets mostly rose Thursday and the dollar largely weakened after minutes from the Federal Reserve's latest policy meeting suggested it could slow the pace of its rate hikes.
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Business
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Economy
11/24/2022 12:49:39 PM
Egypt has witnessed stable exchange rates of the US dollar, EGP 24.5 on average, and a slight rise of the euro, recording EGP 25.6, on Thursday morning at major banks.
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Business
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Economy
11/24/2022 10:48:48 AM
A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would "likely soon be appropriate," the central bank said Wednesday.
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World
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International
11/13/2022 12:29:04 PM
Britain's government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair economic havoc wrought by the short-lived tenure of former prime minister Liz Truss.
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Business
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Economy
11/3/2022 2:18:00 PM
Global stocks sank Thursday after the Federal Reserve added to recession fears by suggesting more U.S. rate hikes are likely to cool inflation.
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Business
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Markets & Companies
11/2/2022 10:36:42 AM
Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.
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Business
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Economy
10/27/2022 4:09:08 PM
The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates Thursday at the fastest pace in the euro currency's history and raising questions about how far the bank intends to go with the threat of recession looming over the economy.
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