Central Banks
Fed likely to hike rates, hint at pause in tightening cycle
Fed policy statement due at 2 p.m. EDT (1800 GMT) Markets expect quarter-percentage-point rate hike Fed's Powell to hold news...
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Australian central bank hikes interest rate to 3.85%
Australia’s central bank has surprised markets by increasing its benchmark interest rate by a quarter percentage point to 3.85% despite...
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Swedish crown softens after market sees Riksbank dovishness, euro rebounds
The Swedish crown softened on Wednesday after the country's central bank was less hawkish than expected, while the euro and...
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The story behind the Bank of England
The Bank of England has been a cornerstone of the British economy for centuries. It has been a major influence...
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Dollar bounces as expectations of Fed rate hike climb
The dollar rebounded on Monday and hit a one-month high against the yen, as resilience in core U.S. retail sales...
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Swedish Inflation falls more than expected
Inflation in Sweden fell more than expected. According to the Riksbank's most important measure CPIF, the inflation rate landed at...
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Dollar drops as inflation cools more than expected
The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that...
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US: Unemployment drops to 3.5% as economy stays strong
The Federal Reserve has raised interest rates aggressively over the last year in a bid to slow inflation and the...
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New Zealand’s central bank hikes key interest rate to 5.25%
New Zealand’s central bank surprised economists on Wednesday by imposing an aggressive half-point rate rise to bring its benchmark interest...
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Fed delivers small rate increase, says ‘some additional’ tightening possible
Fed lifts rates by a quarter of a percentage point Officials see the year-end 2023 policy rate at 5.10% Fed's...
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