Economic events
- Europe
Euro zone inflation hits record 8.6% as the European Central Bank prepares for its first rate hike in 11 years
The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland |…
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10-year Treasury yield falls to near one-month low as recession fears intensify
U.S. Treasury yields were mixed on Friday as investors continued to assess the risk of an economic downturn. The yield…
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Forget rate hikes, these analysts are predicting interest rate cuts next year
Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an…
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European Central Bank member Holzmann says there’s ample room to hike to cool surging inflation
The ECB is heading to a critical meeting in July with a rate rise expected and investors awaiting details of…
Read More » - U.S. News
58% of Americans are living paycheck to paycheck after inflation spike — including 30% of those earning $250,000 or more
With inflation at 40-year highs, workers across all income levels are having a harder time making ends meet. As of…
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Lagarde plays down recession risks, says ECB is ready to ‘move faster’ on rates if needed
European Central Bank President Christine Lagarde said the central bank can raise rates faster, if needed. Handout | Getty Images…
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Asia-Pacific stocks mostly decline as investors weigh economic concerns
SINGAPORE — Shares in the Asia-Pacific region mostly fell on Tuesday as investors weigh economic concerns. Hong Kong’s Hang Seng…
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Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. …
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El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022. Alex Pena | Anadolu Agency…
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Suze Orman has a warning for those who want to quit in the Great Resignation
44% of workers are worried about a layoff, job loss Despite the collective optimism around the current job market, 44%…
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