No change of the indicator value may reduce the volatility of the related markets.
23 January
Other news
Categories
Swiss National Bank raised rate by 50 basis points
The Swiss National Bank raised its policy rate by 50 basis points on Thursday. It is the third increase this year in terms of curbing inflation. Interest rates in Switzerland are at their highest level since the global financial crisis 14 years ago.
15 December 2022
ECB is about to slow its pace of rate hikes and present plans on QT
As expected, the European Central Bank is going to increase its rates once again on Thursday. This would become the fourth successive hike, although in December a smaller increase is suggested to be delivered.
15 December 2022
Australia imposes cap on gas prices despite industry protests
Australia’s officials decided to cap its domestic gas price, even with energy exporters speaking out against the new law. Such measures are aimed at bringing down rising power bills.
15 December 2022
Loan repayments in Canada are now higher than at the Bank of Canada rate of 13%
According to economist David Rosenberg, consumer debt payments in Canada are much higher today than in 1990. Interest rates were perceptibly higher at that time, a signal that the debt burden in the economy was extremely high.
15 December 2022
Japan's ruling party considers raising taxes
Japan's ruling Liberal Democratic Party is considering raising taxes. It plans to increase taxes on corporations, personal income and tobacco products from 2024 or later.
15 December 2022
Bill Ackman: Fed won't meet inflation target without deep recession
Bill Ackman, founder and CEO of Pershing Square Capital, said it would take a severe, job-eliminating recession. After that, inflation could return to the 2% level, what is considered to be the Fed's long-term goal.
15 December 2022
Applications for home purchases in the U.S. are rising as mortgage rates remain stable
Loan costs are stable at their lowest level in nearly three months. This caused the increase in U.S. home purchase applications
15 December 2022
Fed will raise rates as high as 5.1% before it stops fighting inflation
According to the median estimate released Wednesday, the interest rate is likely to peak at 5.1% next year. As the Fed raises its cash rate to the median level, the fight against inflation will be over.
15 December 2022
Powell: Fed won't change 2% inflation target
Powell spoke at a press conference following a meeting of the Federal Open Market Committee. During his interview, Powell was asked whether the Fed could consider raising its inflation target.
15 December 2022
New Zealand's economy grew twice more than forecasted in the third quarter
The Central bank of New Zealand tried to suppress demand for controlling inflation, but experienced difficulties, which affected inflation.
15 December 2022
