Tag: interest rates

Turkish Rapid Delivery Startup Getir Ceases Operations in Spain, Laying Off Entire Workforce Turkish rapid delivery startup Getir is set ...

ECB President Christine Lagarde Says Unlikely to Reach Peak Interest Rates Soon Amid Stubborn Inflation

ECB President Says Interest Rate Peak Unlikely Soon Due to Persistently High Inflation European Central Bank (ECB) President Christine Lagarde ...

Federal Reserve Chief Reiterates Likelihood of Interest Rate Hike Due to High Inflation in Service Sector and Tight Job Market

The Federal Reserve Plans to Raise Interest Rates at Least Once More This Year The Federal Reserve (Fed) chief on ...

German Economy Set to Shrink in 2023 Due to High Inflation, Warns Bundesbank President

The German Economy Set to Shrink in 2023, Says Bundesbank President The German economy is set to shrink in 2023 ...

Federal Reserve Pauses Interest Rate Hikes After 10 Straight Increases to Assess Inflation Implications

The Federal Reserve Pauses Interest Rate Hikes Background The Federal Reserve announced that it would be pausing interest rate hikes ...

President Erdogan Appoints New Treasury and Finance Minister, but Stresses No Change in Interest Rate Policy

President Erdogan: Treasury Minister to Take Swift Steps with Central Bank President Recep Tayyip Erdoğan on Wednesday said his newly ...

U.S. Consumer Prices Rise Moderately in May, Smallest Annual Increase in Inflation in Over Two Years, but Underlying Price Pressures Remain Strong

U.S. Consumer Prices Rise Moderately in May U.S. consumer prices rose moderately in May, leading to the smallest annual increase ...

UK Labor Market Soars, Putting Pressure on Bank of England to Raise Interest Rates

The UK Labor Market Outperforms Expectations The labor market in the United Kingdom outperformed even the highest expectations of economists ...

Dollar retreats as spike in jobless claims raises hopes for a peak in U.S. interest rates

by Hashem Ali