Stock Market Today: Asian Shares Surge on Hopes the Federal Reserve’s Rate Hikes Are Done

[ad_1] TOKYO (AP) — Asian shares were mostly higher Thursday after the U.S. Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and…

Fed Extends Pause on Interest-Rate Hikes but Keeps Door Open to Higher Rates

[ad_1] Updated Nov. 1, 2023 3:52 pm ET WASHINGTON—The Federal Reserve left interest rates unchanged at a 22-year high and signaled rates would remain elevated well into next year to…

McDonald’s revenue climbs 14% as price hikes boost U.S. sales

[ad_1] McDonald’s on Monday reported quarterly earnings and revenue that beat analysts’ expectations as price hikes offset falling traffic to its U.S. restaurants. Despite higher menu prices in some regions,…

Russia hikes rates to 15% as inflation soars – BBC News

[ad_1] By Tom Espiner Business reporter, BBC News 27 October 2023 Image source, Getty Images Russia’s central bank has put up its key interest rate to 15% to try to…

Boomers are dominating the economy and benefiting from historic rate hikes. BofA explains which stock trades to make as millennials struggle.

[ad_1] The way Boomers and Millennials are spending can inform investment decisions, Bank of America analysts say. Travel, healthcare, and housing are attractive buys, as Boomers spend big in those…

Europe’s central bank halts rate hikes as war in the Middle East casts a shadow over the economy

[ad_1] FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom…

On topic: Asian wave of rate hikes hits as inflation bites

[ad_1] Central banks across Asia have resumed hiking interest rates while consumers struggle in the face of persistently high inflation. Following monetary tightening in Indonesia and the Philippines, the region…

Russia hikes interest rates to 15% as inflation soars

[ad_1] The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble. [ad_2] Source link

US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes

[ad_1] WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a…

Europe’s central bank halts rate hikes for first time in over a year

[ad_1] The European Central Bank left its rates unchanged on Thursday, marking a pause in its restrictive monetary policy after 10 increases since July 2022. ADVERTISEMENT The European Central Bank…