Fed’s Powell Says 50 Basis Point Rate Hike for May on the Table
. By Yasin Ebrahim Investing.com -- Federal Reserve Chairman Jerome Powell said Thursday that a 50 basis-point rate hike was on the table for the...
Bank of Canada not ruling out larger rate increases to fight inflation
© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable...
Yen and yuan suffer as Fed eyes faster hikes
© Reuters. FILE PHOTO: Japanese 1000-yen banknotes and Chinese 100-yuan banknotes are seen in a picture illustration, in Beijing, China, January 21, 2016. REUTERS/Jason Lee...
Oil prices on track for near 4% weekly decline on demand concerns
© Reuters. FILE PHOTO: Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22,...
Asian Stocks Down as Powell Intensifies Fight Against Inflation
. By Gina Lee Investing.com – Asia Pacific stocks were down on Friday morning, with U.S. Federal Reserve Chairman Jerome Powell toughening his stance on...
Australia fines Expedia Group’s Trivago $33 million on misleading hotel room rates
© Reuters. Expedia app is seen on a smartphone in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) -An Australian court fined Trivago, a...
S.Korea first-quarter growth likely slowed sharply by COVID curbs
© Reuters. FILE PHOTO: People pose for photographs on a sunny spring day amid the coronavirus disease (COVID-19) pandemic at a Han river park in...
Wall St ends down as Powell plops 50 bps rate hike on table
© Reuters. FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New...
Asian shares slide on Fed’s aggressive tightening stance
© Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index...
Stock Market Today: Dow Falls on Tech Tantrum as Powell Tees Up Larger May Hike
. By Yasin Ebrahim Investing.com – The Dow stumbled Thursday as tech returned to the firing line after Federal Reserve Chairman Jerome Powell teed up...