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Keyword: Interest rate

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Canadian money

The summaries will be released about two weeks after each monetary policy decision starting in January

World currency

Where to look beyond the almighty dollar

Financial District of London and the Tower Bridge

The bank matched last month's half-point increase to bring its benchmark rate to 2.25%

American Dollar Symbol Standing On Wood Surface In Front Of A Graph

Where to look for higher payouts

Piggy bank lifted up into sky by inflated balloon

Stock prices tumbled and bond yields rose as many investors feared a more aggressive Federal Reserve

Federal Reserve Building

Higher rates likely won't cause deep U.S. recession, Powell says

Flag of the European Community in front of the Eurotower in Frankfurt am Main

The ECB's benchmark is now 1.25% for lending to banks, with more hikes on tap

Business and financial district in a city with pillars

The Bank of Canada said interest rates will need to rise further to bring inflation down to its 2% target

  • By: Staff
  • September 7, 2022 September 7, 2022
  • 15:55
Federal Reserve System Fed of USA press conference concept. Microphones TV and radio channels with symbol and flag of US Federal Reserve. 3d illustration

Powell's message may disappoint investors who were hoping for a signal that the Fed might soon moderate its rate increases

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Concerns about a recession have been eased, for now, by the ongoing strength of the job market