Tag Archives: hike

Former Acting White House Chief of Staff Mick Mulvaney argues Democrats have worsened the supply side of the economy. The Dow Jones Industrial Average is nosediving again on Friday, shedding over 500 points following another Federal Reserve decision to hike interest rates. On Wednesday, the central bank announced it would …

Former Acting White House Chief of Staff Mick Mulvaney argues Democrats have worsened the supply side of the economy. The Dow Jones Industrial Average is nosediving again on Friday, shedding over 500 points following another Federal Reserve decision to hike interest rates. On Wednesday, the central bank announced it would …

Image source: Getty Images Today’s membership costs aren’t set in stone.  Key points Costco costs $60 for a basic membership and $120 for an executive membership. These costs could soon rise as the warehouse giant’s CFO warns fee hikes are on the way. An extra $5 or $10 on the …

‘Inflation is too high’: Bank of England governor explains interest rate hike  Guardian News Bank of England’s Bailey Says Inflation Data ‘Good News,’ But There’s More to Do  Bloomberg Bank of England Governor Andrew Bailey expects inflation to fall ‘more rapidly’ from late spring  The Telegraph Bank of England’s Bailey: first glimmer inflation …

ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD. By Wolf Richter for WOLF STREET. On Thursday, the S&P 500 Index dropped 2.5%. Since the Tuesday morning spike, it plunged by 5.0%. The Nasdaq dropped 3.2% today. Since the Tuesday morning …