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As the Fed beats the rate rise drum, Wall Street closes...

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The major Wall Street indexes ended the day lower on Thursday as worries grew that the Federal Reserve's assertive interest rate policy will trigger...

Asian stocks increase as evidence of the effectiveness of rate hikes

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Wednesday saw an increase in Asian markets as investors gained confidence that future interest rate increases may be less pronounced due to early indications...

Central banks increase rates once more as the Fed fights inflation

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In a coordinated effort to combat global inflation that is upending financial markets and the economy, several central banks from all over the world...

ECB’s Kazaks says July rate hike is unlikely

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The European Central Bank could end its stimulus programme earlier than planned. ECB policymaker Martins Kazaks told that it is unlikely to raise its main interest...

ECB pledges low rates for even longer to support prices

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The European Central Bank pledged to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise...