Tag: hikes
More pain for Britons as Bank of England hikes interest rates to 3.5%
The Monetary Policy Committee announced it is pushing the base rate from 3 per cent to 3.5 per cent – heaping more pain on mortgage-payers.
Chevron hikes 2023 capex budget by more than 25% to $17B
The Ratings Game: PepsiCo layoffs arrive as analysts point to less aggressive price hikes ahead
Beverage and snack giant PepsiCo may be planning layoffs. But analyst takes were mixed on what the cuts meant for the industry.
Powell comments on slowing rate hikes help S&P 500 post second straight weekly gain
The Fed: Fed’s Barr says slowing pace of interest-rate hikes ‘makes sense’
Fed Governor Michael Barr on Thursday said slowing down the pace of interest rate hike ‘makes sense.’
Comcast is rolling out nationwide price hikes starting in December
Dow Jones Newswires: Bank of Korea raises rate by 25 basis points, easing pace of hikes
South Korea’s central bank has eased the pace of interest-rate increases to curb high inflation, lowering its 2023 growth and inflation forecasts.
Market Snapshot: U.S. stocks finish higher for second day after Fed minutes show officials expect slower pace of rate hikes ahead
U.S. stock indexes finished higher for a second day on Wednesday in a choppy session after the latest meeting minutes from the Federal Reserve showed most policy makers expect a slower pace of interest rate hikes will “soon be appropriate”, even if they are uncertain how high the benchmark rate will rise.
In One Chart: Junk-rated companies have ‘meaningful exposure’ to Fed rate hikes, with one part ‘the root cause’ of vulnerability, warns Deutsche Bank
Junk-rated companies in the U.S. have ‘meaningful exposure’ to interest rate hikes by the Federal Reserve, raising concerns over defaults as a potential recession looms, according to Jim Reid, head of thematic research at Deutsche Bank.