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European Central Bank policymakers disagreed on how to respond to runaway inflation and economic uncertainty caused by the Ukraine war.
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European Central Bank policymakers disagreed on how to respond to runaway inflation and economic uncertainty caused by the Ukraine war.
At their March policy meeting, several US Federal Reserve officials supported raising interest rates by half a percentage point.
Reducing high inflation is of "paramount importance" for the US central bank and policymakers are prepared to act more aggressively.
"The Bank of Mexico raised the interest rate by 0.5 (percentage points). We're going to have an interest rate of 6.5 percent," Lopez Obrador said.
The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what’s...
The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level, the third increase in a row, to combat decades-high...
Brazil’s central bank raised its key interest rate for the ninth straight time Wednesday, as Latin America’s biggest economy continues to reel from surging...
The Federal Reserve escalated its battle against the wave of prices increases battering the US economy by raising the benchmark interest.
US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation.
The Federal Reserve opened its two-day policy meeting as it prepares to raise borrowing rates for the first time since the pandemic began.