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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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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Stocks firm ahead of rate meetings, crude hits $120 By Reuters

2/2 © Reuters. FILE PHOTO: A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan December 30, 2020. REUTERS/Issei Kato/File Photo 2/2 By Huw Jones LONDON (Reuters) – Stocks, the dollar and crude oil strengthened on Monday as investors positioned themselves for more …

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Stocks fall on fears of a Fed rate hike and Hurricane Dimon

Dow Jones futures rose overnight, as did S&P 500 and Nasdaq futures. The stock market rally retreated again on Wednesday as hot labor data raised the prospect of bigger rate hikes, while JPMorgan’s Jamie Dimon warned of an economic “hurricane”. Major indexes pared their losses somewhat as the Federal Reserve saw slower growth across much …

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Stocks rally as euro jumps on likely rate hikes By Reuters

2/2 © Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic chart displaying the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, on March 7 2/2 By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) …

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Universe expansion rate mystery: Hubble data shows ‘something weird’ is going on

A representation of the evolution of the universe over 13.77 billion years. The far left represents the earliest moment we can now fathom, when a period of “inflation” produced an exponential growth spurt in the universe. (Size is represented by the vertical extent of the grid in this graphic.) Over the next billion years, the …

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European stocks rebound, Chinese rate move bolsters sentiment

LONDON, May 20 (Reuters) – Stocks rebounded on Friday after China slashed a key benchmark to support its economy, although a gauge of global equities remains set for its longest streak of weekly losses on record amid investor concerns about slowing growth and high inflation. China slashed its five-year prime lending rate (LPR) – which …

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Bay Area health workers recommend masking indoors; the region has the highest infection rate in California

Bay Area health workers recommend masking indoors; the region has the highest infection rate in California On Friday, twelve Bay Area health workers recommended that people wear masks indoors amid a new surge of COVID cases and hospitalizations. The Bay Area now has the highest COVID infection rates in California, fueled by omicron subvariants, according …

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