Bank of England Warns Lenders to Prepare for Coming Economic Storm
The Bank of England has issued a warning to lenders to prepare for a coming economic storm.
Central Bank
Key Inflation Gauge Drops Slightly But Sticks at More Than Double Fed’s Target
A key inflation gauge dropped slightly in May but remains stuck at a level that is more than double the target set by the Federal Reserve.
UK Central Bank Hikes Interest Rates to Tackle Runaway Inflation
The UK’s central bank has raised its benchmark interest rate for the fifth time in a row as the country battles to tame the nation’s cost-of-living crisis.
Powell: Fed to Raise Interest Rates without ‘Hesitation’ until Inflation Eases
Federal Reserve Chairman Jerome Powell has warned that the central bank will continue raising interest rates to combat elevated inflation until it comes down.
Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation
This week’s two-day Federal Reserve policy meeting is a major focus point for investors, with markets expecting the central bank to press ahead with a sharp rate hike in an effort to relieve surging inflationary pressures.
Anonymous Says It’s Hacked Russia’s Central Bank, Will Leak Files Exposing ‘Secret Agreements’
Hacking collective Anonymous has claimed to have successfully hacked Russia’s Central Bank.