Tag: inflation
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Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
This is the BOJ’s first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
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Bank of Japan set to raise rates to 31-year high, vow further increases
TOKYO, June 16 : The Bank of Japan is set to raise interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focuses on taming price pressures from the energy shock caused by the Iran war.The decision would mark a more aggressive approach by the BOJ in…
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El Nino threatens livelihoods in Southeast Asia
Hotter, drier weather is impeding rice and palm-oil production as households across Southeast Asia struggle with higher fuel, food and transport costs.
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Trump is giving Warsh room to reshape the Fed
The new Fed chair is on a political honeymoon with a U.S. president who has been the Fed’s biggest opponent.
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Warsh’s Fed is likely to hold rates steady — what the leadership change could mean for your money
The Federal Reserve’s June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
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Warsh’s debut Fed press conference may reveal his strategy for inflation, rates
WASHINGTON, June 15 : New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank’s balance sheet, the need to say less about interest rates and why it should not dip into issues like climate change.A Fed press conference on Wednesday, though, will mark his first
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Analysis:Why an Iran peace deal won’t pull the yen back from the brink
TOKYO, June 15 : War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up – a peace deal, however, won’t pull it back from the precipice.Stocks and bonds soared on Monday on news of the planned Iran-U.S. halt to a war that has…
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Social Security COLA for 2027 may jump to 4.7%, one estimate finds. This chart shows prices driving the increase
As inflation climbs, Social Security beneficiaries may see a higher cost-of-living adjustment in 2027. Here’s which costs spiked most over the past 12 months.
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Germany news: No rush to decide on next-gen jet replacement
Germany’s defense minister says the government needs time to evaluate a bid for a new possible military jet project. A nine-year Franco-German endeavor, the FCAS, collapsed this week. DW has the latest.
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Germany news: Lost man triggers shutdown at Hamburg airport
Hamburg airport was shut down Friday when a man mistakenly entered a restricted security area. A report on Timmy the stranded whale found the animal drifted for days before dying after being freed. DW has the latest.
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