Tag: prices
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Germany weighs fuel relief as gasoline prices soar
The US war with Iran and the closure of the Strait of Hormuz have led to soaring fuel prices in Germany. The government is considering further relief.
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Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.
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A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
Higher U.S. rates could also keep global bond yields elevated and weigh on equity valuations and economic growth.
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CNBC Daily Open: The Fed rate hikes might not be one-and-done
The Federal Reserve waited three years to raise interest rates, but it may not wait nearly as long to do so again.
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Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India’s digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
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US interest rates raised for first time in three years
The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
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Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump demanded the Federal Reserve slash interest rates to 1% “or less,” hours after the central bank announced its first rate hike since 2023.
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Here are five key takeaways from Wednesday’s Fed rate hike
The Fed on Wednesday delivered a much-expected interest rate hike.
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Germany: Oktoberfest beer proces rise, outpacing inflation
Oktoberfest’s traditional beer mug, the Mass, will cost an average of €15.61 ($18.50) at this year’s festival in Munich.
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Growth stocks are still attractive compared to value even as rates rise, charts show
Todd Gordon breaks down the technical outlooks for growth and value stocks ahead of the key Fed decision.
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