hikes
Inflation-battered Turkey hikes key rate to 20-year high – Beragampengetahuan
A seller talks to a customer in a street market in Istanbul, Turkey, on Sept. 6. Turkey’s central bank raised its key interest rate by 5 percentage points Thursday, another large but expected hike that signals a continued push toward more traditional economic policies under President Recep Tayyip Erdogan. AP-Yonhap Turkey’s central bank on Thursday […]
ECB Rate Hikes Stalling in September – Beragampengetahuan
Consumer prices in the US experienced a moderate rise in July. The European Central Bank will likely halt its rate-hiking efforts in September. Producer prices in the US rose slightly more than anticipated in July. The EUR/USD weekly forecast is bearish as economists expect a pause in ECB rate hikes in September. Ups and downs […]
BoE Hikes by 25bps to 15-Year High – Beragampengetahuan
POUND STERLING TALKING POINTS BoE pushes rates to 5.25%. Incoming economic data will be more crucial than ever moving forward. GBP struggles to find a bid post-announcement. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The Bank of England (BoE) decided to hike interest rates by 25bps (see economic calendar below) […]
Australia’s inflation rate continues to fall despite RBA inflationary rate hikes – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Today (July 26, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the June-quarter 2023. It showed that the CPI rose 0.8 per cent in the quarter (down 0.6 points) and over the 12 months by 6.1 per cent (down 0.9 points). The annual inflation rate in Australia […]
Australia news live: consumer sentiment at 30-year low after rate hikes; China says Aukus ‘hurts peace and stability’ | Aukus – Beragampengetahuan
Consumer sentiment remains grim as latest interest rate rise bites Peter Hannam Economic news out today is mostly fairly bleak, although it will likely be eclipsed by submarine coverage. Consumers are in a funk and that dim outlook doesn’t look like brightening much as the full impact of the 350 basis-point increase in the Reserve […]
How the Fed’s increasing rate hikes will hit most American businesses – Beragampengetahuan
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022. Elizabeth Frantz | Reuters The Federal Reserve’s decision to raise interest rates by three-quarters of a percentage point, or 75 basis points, for the third-consecutive time at the […]