Tag: hike
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Germany news: ‘Tech error’ brings early cigarette tax hike
Germany’s Finance Ministry has said the tax hike went into effect months early due to a “technical error.” AfD co-Chair Alice Weidel will present “A New Deal for Europe” in Strasbourg. Follow DW for the latest.
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Dollar recoups losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar recouped some losses on Wednesday as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro gave back some of its gains in the prior session when French bonds rallied after the frontrunner in next sprin
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Dollar holds losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro surged by the most in seven weeks in the prior session as French…
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BOJ may signal underlying inflation has hit 2% goal, sources say
TOKYO, Oct 6 : The Bank of Japan may signal this month that underlying inflation has roughly hit its 2 per cent target, three sources familiar with its thinking said, highlighting its readiness to raise interest rates again in the coming months.Any such announcement would largely be symbolic, but it would rei
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Bank of Japan set to raise interest rates to 31-year high
TOKYO, Sept 18 : The Bank of Japan is set to raise interest rates to a 31-year high on Friday and pledge to deliver more to counter inflation risks, which may heighten if the start of a U.S. rate-hike cycle weakens the yen against the dollar.The widely expected move would be the first hike in…
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Major central banks on tightening path amid energy price shock
Sept 17 : Major central banks are on a tightening path, with the Federal Reserve recalibrating its policy to a more restrictive stance on Wednesday, even as traders continue to price in a more aggressive policy response than projected in the U.S. central bank’s so-called dot plot.Economists say markets are ov
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Shares edge up after Fed hike, dollar firm on short-term yields
SYDNEY, Sept 17 : Shares edged up in Asia on Thursday as investors bet the Federal Reserve is finally getting the jump on inflation, delivering its first rate hike in more than three years and calming a global bond selloff that had sent long-term yields soaring.The U.S. dollar hit a seven-week high against it
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Shares tick higher as Fed hikes rates, dollar jumps with short-term yields
SYDNEY, Sept 17 : Shares edged up in Asia on Thursday as investors bet the Federal Reserve is finally getting the jump on inflation, delivering its first rate hike in more than three years and calming a global bond selloff that had sent long-term yields soaring.The U.S. dollar hit a seven-week high against it
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US Fed to deliver rate decision with markets betting on hike
WASHINTON: The US Federal Reserve will announce its decision on setting interest rates for the world’s largest economy on Wednesday (Sep 16), with markets betting the central bank will pull the trigger on a rate hike to tackle surging inflation.The Fed’s Federal Open Market Committee, with its 12 voting membe
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BOJ set to raise interest rates to 31-year high as inflation risks loom
TOKYO, Sept 16 : The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs.The move would be the first hike in three months and t
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