central bank

Fed officials see smaller rate hikes coming 'soon', minutes say

Fed officials see smaller rate hikes coming ‘soon’, minutes say

Federal Reserve officials agreed earlier this month that smaller interest rate increases should take place as they assess the policy’s impact on the economy, meeting minutes said. the meeting published on Wednesday. Reflecting statements that several officials have made over the past few weeks, the summary of the meeting pointed to small rate hikes ahead. …

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The global stock market rally may be about to meet the reality of recession

The global stock market rally may be about to meet the reality of recession

Specialist traders work inside a post on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022. Brendan Mcdermid | Reuters Global equity markets have rallied on hopes that central banks will soon begin to ease their aggressive interest rate hikes as inflation shows signs of peaking, but strategists …

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These currencies have fallen this year - and one is down more than 75% against the dollar

These currencies have fallen this year – and one is down more than 75% against the dollar

Zimbabweans queue to withdraw cash from a bank on June 21, 2008 in Bulawayo, Zimbabwe. Skyrocketing inflation continues to plague the Zimbabwean economy. John Moore | Getty Images News | Getty Images Currency markets have had a tough time in 2022, but in some countries a combination of geopolitical pressures and central bank missteps have …

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