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Erdogan says Turkey will keep cutting interest rates, mocks British pound

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18,...

Bank of England raises rates by 50 basis points, in seventh consecutive hike

The Bank of England warned that the U.K. will enter recession later this year. The expected recession is forecast to be the longest...

The Fed forecasts hiking rates as high as 4.6% before ending inflation fight

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve, July 27, 2022 in...

Rates raised by three-quarters of a percentage point

The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well...

Fed should hike interest rate rates 150 basis points: Wells Fargo

It's a move that would likely cause panic on Wall Street.But Wells Fargo Securities' Michael Schumacher suggests the Federal Reserve is raising rates...

4 Things Homebuyers Can Do About Today’s High Mortgage Rates

Just when you thought the housing market...

Powell vows to raise rates to fight inflation ‘until the job is done’

Federal Reserve Chair Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used...

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