Bond markets are back in intimidation mode as recession risks clash with the Fed’s planned rate hikes. James Carville, the iconic political strategist credited as the key architect of former President Bill Clinton’s first election Read more…
At today’s ECB meeting, the ECB delivered a 50bp rate hike in all three policy rates as widely anticipated, so now the ECB deposit rate is at 2%. The ECB also announced that the end Read more…
Summary The European Central Bank (ECB) delivered a 50 basis point hike, taking its Deposit Rate to 2.00% at today’s monetary policy meeting, while also announcing plans to begin quantitative tightening from March. The ECB’s Read more…
As Covid-19 rises, one company is voluntarily recalling its home Covid-19 test ‘out of an abundance of caution.’ President Joe Biden took to social media recently to announce that Americans can once again order free Read more…
The rival cruise lines agree on something that won’t make customers happy. Both Royal Caribbean (RCL) – Get Free Report and Carnival Cruise Line (CCL) – Get Free Report have built back their businesses from Read more…
The billionaire fears for his safety and that of his family after an alarming incident in Los Angeles. Elon Musk is arguably the celebrity of the year. His fame and influence have spread throughout the Read more…
Coupon site Rakuten has pulled together data on this season’s most popular holiday gifts. Every year, there is the one holiday present that causes a shopping frenzy — many still remember the fights, arrests and Read more…
The Swiss National Bank raised its rate by 50 points to 1.0% after two hikes of 50 and 75 points at the previous two meetings. In an accompanying commentary, the NBS said it was countering Read more…
In line with our expectation, the BoE today hiked policy rates by 50bp, bringing the Bank Rate to 3.50%. We expect the increasingly weak growth outlook to support a near-term ending to the hiking cycle. Read more…
Markets The ECB raised its key policy rates by 50 bps, bringing the deposit rate at 2%. The central bank sticks to its hawkish guidance saying that they aim to significantly raise them further at Read more…