interest rates

Is it a ‘skip’ or a ‘pause’? Language matters as Fed prepares for rate announcement Fallback Image Decorative pattern

Economic Indicators

Is it a ‘skip’ or a ‘pause’? Language matters as Fed prepares for rate announcement

Calling the expected non-rise a "skip" would be seen as compromise between rate hawks and doves in U.S.

By Christopher Rugaber, The Associated Press |June 7, 2023

6 min read

Bank of Canada raises key interest rate amid stubbornly high inflation Bank of Canada raises key interest rate amid stubbornly high inflation

Economic Indicators

Bank of Canada raises key interest rate amid stubbornly high inflation

Key interest rate now sits at 4.75%, highest it's been since 2001

By The Canadian Press |June 7, 2023

3 min read

World Bank offers dim economic outlook in face of higher interest rates Fallback Image Decorative pattern

Economic Indicators

World Bank offers dim economic outlook in face of higher interest rates

The agency forecasts global growth of 2.1% this year, down from 3.1% in 2022

By Paul Wiseman, The Associated Press |June 6, 2023

2 min read

European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’ European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’

Economic Indicators

European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’

"There is no clear evidence that underlying inflation has peaked," ECB head says

By David Mchugh, The Associated Press |June 5, 2023

2 min read