Tag: fed
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Already around 5% – Despite bank tremors: Fed continues to raise interest rates
The US Federal Reserve continues its series of rate hikes despite the bank's latest earthquake. On Wednesday, it raised the policy rate by...
Bankruptcies – US President Biden wants managers to be punished more severely
In view of the recent banking turmoil, US President Joe Biden is calling for tighter regulation of the financial sector and dire consequences for...
Financial markets in crisis – gold price at highest level in eleven months
Due to the continuing uncertainty in the financial markets, gold prices are skyrocketing. Late Friday afternoon, a troy ounce (about 31.1 grams) of...
Inflation falling – The US Federal Reserve raises interest rates by 0.5 percentage point
After a series of exceptionally sharp rate hikes, the US Federal Reserve (Fed) is slowing somewhat. On Wednesday, it raised the policy rate...
Does an interest rate increase work? – Inflation in the US falls surprisingly strong
High inflationary pressures in the US are easing more than expected. Inflation for goods and services fell from 8.2 percent in September to...
