Interest rate

European Central Bank Confirms July Rate Hike Plans, Raises Inflation Projections Significantly

The European Central Bank faces a difficult balancing act, with inflation hitting record highs while the war in Ukraine casts a shadow over growth prospects. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday confirmed its intention to raise interest rates at its policy meeting next month and lowered …

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Why the Dow Jones finally rebounded – and what it’ll take to convince investors it’s for real

A bit of pre-summer cheer finally filtered its way to the stock market the previous week Remembrance Daybut it will likely take more than the Dow Jones Industrial Average’s first winning week since late March to convince shaken investors that the pain is over. What happened? Real, or inflation-adjusted, interest rates have fallen over the …

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