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European Central Bank Raises Rates Again
Posted inBanking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates

European Central Bank Raises Rates Again

Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
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Posted by By Eshe Nelson and Melissa Eddy
Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
Posted inBanking and Financial Institutions Currency Federal Budget (US) Federal Reserve System Powell, Jerome H Treasury Department United States Mint United States Politics and Government

Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?

The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
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Posted by By Alan Rappeport
Bank of England Is Expected to Raise Rates Again
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Bank of England Is Expected to Raise Rates Again

A half-point rate increase, to 4 percent, the highest since 2008, is widely expected as the central bank continues its campaign to control inflation.
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Posted by By Eshe Nelson
Stock Market’s Newfound Optimism Faces Test as Fed Meets
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stock Market’s Newfound Optimism Faces Test as Fed Meets

Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
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Posted by By Joe Rennison

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