European Central Bank holds interest rates steady after 10 consecutive hikes
The ECB ended its record run of rate hikes despite new upside risks to inflation. International: Top News And Analysis
Tag: hikes
Inflation ticked up in July, reversing some progress in fight to slow price hikes
The fresh data arrived roughly two weeks after the Federal Reserve raised its benchmark interest rate another quarter of a percentage point. ABC News: Top Stories
Something broke, but the Fed is still expected to go through with rate hikes
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system. International: Top News And Analysis
Ford again hikes the starting price of the F-150 Lighting pickup, now up 40% since launch
A new price increase of $ 4,000 means Ford has upped the entry-level pricing of the F-150 Lightning electric pickup by 40% since the vehicle’s launch. U.S. News
Fed Chair Powell says smaller interest rate hikes could start in December
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead. International: Top News And Analysis
5-year Treasury yield hits 3% following Powell’s comments on rate hikes
The 5-year Treasury yield hit 3% on Friday, after Fed Chair Jerome Powell hinted that a 50-basis-point rate hike could be in the cards in May. U.S. News
Fed will aggressively dial back its bond buying, sees three rate hikes next year
The Federal Reserve provided multiple indications Wednesday that its run of ultra-easy policy since the beginning of the Covid pandemic is coming to a close. International: Top News And Analysis
Starbucks CEO defends wage hikes as stock falls 7% on coffee chain’s weak earnings outlook
Starbucks CEO Kevin Johnson defended the coffee chain’s plans to hike wages for baristas, saying that the move will help the company gain market share. U.S. News
Goldman hikes gold price forecast on debasement fears and a weaker dollar
Despite struggling for direction since its sharp gains at the height of the coronavirus crisis, Goldman Sachs analysts are backing gold to rally further on the back of debasement fears and a weakening dollar. International:…