rate hikes
3 stories
-
financeWarsh's Fed Takes Hawkish Stand on Inflation in Inaugural Meeting
New Federal Reserve Chair Kevin Warsh pledges resolute action against inflation after his first FOMC meeting, signaling a shift toward rate hikes amid rising prices.
-
financeJerome Powell Steps Down as Federal Reserve Chair After Eight Years
Jerome Powell resigns as Fed chair after eight years, staying on the Board of Governors. His tenure included pandemic, inflation, and rate hikes.
-
financeEurozone Inflation Surges to 2.5% as Iran War Drives Energy Prices
Eurozone inflation spiked to 2.5% in March, driven by soaring energy costs due to the Iran war and Strait of Hormuz closure. The ECB faces a critical decision on rate hikes.