Hike rates

Fed says it won’t raise rates yet – but as economy heats up, borrowers fear time is running out

Main Street and Wall Street will parse comments made by Federal Reserve Chairman Jerome Powell on Wednesday for any indication that the central bank is worried about the economy’s potential to overheat. “The Fed will reiterate its belief that increases in inflation will prove transitory,” said Greg McBride, chief financial analyst at Bankrate. “As economic […]

Hike rates

The Cycle is Turning: Emerging Central Banks Hike Rates in March

The central bank headquarters building is seen in Brasilia, Brazil May 16, 2017. REUTERS/Ueslei Marcelino Join now for FREE unlimited access to Reuters.com Register LONDON, April 16 (Reuters) – Emerging market central banks made five sharp interest rate hikes in March, marking the end of an easing cycle that began in 2019 as countries’ central […]