E.C.B. Raises Interest Rates to Tame Inflation The rise of three-quarters of a point matched the central bank’s largest-ever increase, with a “substantial slowdown” expected in the eurozone economy ahead of a winter energy crisis.
6 Ways You’re Coping With a Roller-Coaster Market Readers from around the world shared their strategies for protecting their retirement savings and how, or if, they’re adjusting their tactics.
What Is the Yield Curve? Wall Street’s Recession Alarm Is Ringing. An inversion of the bond market’s yield curve has preceded every U.S. recession for the past half century. It is happening again.
Fed officials, spooked by data, fretted in June about inflation becoming entrenched. Central bankers raised rates by the most since 1994 last month, and minutes from the gathering explained their logic.
Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000 The Federal Reserve is combating the fastest price increases in four decades and is trying to cool the economy before high inflation becomes embedded.