Tag: Financial services
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
HONG KONG -- Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal...
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON -- The Bank of England is widely expected to announce it is keeping interest rates unchanged later Thursday despite a big cut...
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
LONDON -- The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation...
Stock market today: Global shares trade mixed ahead of Federal Reserve rate decision
TOKYO -- Global shares were mixed Wednesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve, the first in...
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...