ECB keeps interest rates unchanged today. The main refinancing rate, marginal lending facility rate and deposit facility rate are held at 0.00%, 0.25%, and -0.50% respectively. It maintains the forward guidance that interest rates will Read more…
The Governing Council confirmed the decisions taken at its monetary policy meeting last December. Pandemic emergency purchase programme (PEPP) In the first quarter of 2022, the Governing Council is conducting net asset purchases under the Read more…
Wall Street will navigate a series of key S&P 500 earnings Thursday as investors look to forward projections from a host of companies amid concerns of rising inflation, Federal Reserve rate hikes and slowing consumer Read more…
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BoE raises Bank Rate by 0.25% to 0.50% today, by a slight majority of 5-4 vote. Four hawks (Jonathan Haskel, Catherine L Mann, Dave Ramsden, Michael Saunders) voted for a more aggressive 50bps hike to Read more…
Its businesses are rocking, and the company is sitting on $80 billion in net cash to be returned to shareholders. Apple reported another stellar quarter as its earnings rose by 25% year over year and Read more…
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 2 February Read more…
Your chances of finding work depends a lot on location. If you’re looking for a new job with the right combination of pay, affordability and opportunity, these cities might be your best bet. With unemployment Read more…
Meta stock is set to shed more than $190 billion in market value Thursday, including $24 billion for CEO Mark Zuckerberg, after a disappointing fourth quarter earnings report and the first decline in Facebook users Read more…
Real Money’s James ‘Rev Shark’ Deporre says algorithms and investors afraid of missing out are driving V-shaped rebound. One may not think there’s a problem with a market churning upward, but that’s the reality right Read more…