Fed to put a ‘firm foot on the brake pedal’ this week
[ad_1] The Federal Reserve is widely expected this week to raise its benchmark interest rate by 0.75 percentage points in an effort to slow the economy as a way to…
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
[ad_1] Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price…
U.K. economy picked up modestly in July
[ad_1] The U.K. economy returned to growth in July after contracting the previous month, driven by a rebound in the services sector despite intensifying cost-of-living pressures. Gross domestic product expanded…