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Moody’s puts Israel’s credit ratings on review for downgrade

WASHINGTON, Oct 19, 2023 (AFP) - The US ratings agency Moody's has put the Israeli government's A1 credit ratings on…

New BoJ chief says no major rate hike on horizon

Tokyo, Japan | AFP | Monday 4/10/2023 Japan's new central bank chief said Monday no major rate hikes were on…

Chinese Pres. Xi urges G20 wealthy nations to reduce fallout of rate hikes

Nusa Dua, Indonesia | AFP | Chinese President Xi Jinping on Tuesday asked the G20 wealthy nations to contain the…

Fed poised for further US rate hike as political pressure mounts

  Washington, United States | AFP | by Beiyi SEOW US central bankers are expected to announce another steep interest…

ECB warns of ‘looming recession’ as it again hikes rates

Frankfurt, Germany | AFP | by Michelle FITZPATRICK The European Central Bank announced another jumbo interest rate hike on Thursday…

Australian central bank hikes cash rate to seven-year high

SYDNEY, Australia (AFP) -- Australia's central bank hiked interest rates to a near eight-year high Tuesday as it joins others…

China central bank cuts lending rates to boost economy

BEIJING, China (AFP) -- China's central bank on Monday cut benchmark loan rates in an attempt to boost an economy…

Fed poised to attack inflation with another interest rate hike

by Heather Scott Agence France-Presse  WASHINGTON, United States (AFP) -- The Federal Reserve is set to announce another big interest…

Is recession the only way out of US inflation scourge?

by Heather Scott  Agence France-Presse WASHINGTON, United States (AFP) -- A massive interest rate hike by the US Federal Reserve…

Russian central bank slashes rate to rein in ruble

Russia's central bank cut its key interest rate Thursday following an emergency meeting, as authorities seek to rein in the…

Citing labor shortage, US states end pandemic jobless benefits

by Heather SCOTT WASHINGTON, United States (AFP) -- A handful of US states have announced they will end extra unemployment…

US won’t reach ‘maximum employment’ this year: Powell

by Heather SCOTT WASHINGTON, United States (AFP) -- The US labor market faces a lengthy recovery and the economy will…

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