Swiss raise interest rate by 1/2 point amid inflation fears
GENEVA — Switzerland’s central bank announced a one-half of a percentage point increase…
Russian economy 'won't be as it was,' central banker says
ST. PETERSBURG, Russia — The head of the Russian Central Bank warned Thursday that the…
Bank of England under pressure to aggressively raise rates
LONDON — The Bank of England is under pressure to raise interest rates more aggressively amid…
This is how a higher Fed rate could affect your finances
WASHINGTON — Record-low mortgages are long gone. Credit card rates will likely rise. So will…
European Central Bank gathers after borrowing costs rise
The European Central Bank’s rate-setting council will hold an unscheduled meeting Wednesday “to…
Asian stocks mixed ahead of Fed rate hike decision
BEIJING — Asian stock markets were mixed Wednesday ahead of a Federal Reserve decision on how…
Biggest rate hike in years expected as Fed tackles inflation
WASHINGTON — The Federal Reserve is expected Wednesday to announce its largest interest rate…
EXPLAINER: Recession fears grow. Just how high is the risk?
WASHINGTON — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is…
Treasury bond yield inversion raises worries over recession
NEW YORK — One of the more reliable warning signals for an economic recession is shining…