The Latest Breaking News from Inflation

How far should interest rate hikes go?

No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…

Bangkok Post · Jun 15, 2022

Inflation, rate hikes to hit housing sector

The Housing Finance Association expects rising inflation and interest rate hikes to dampen demand for property and mortgages this year.

Bangkok Post · Jun 15, 2022

This is how a higher Fed rate could affect your finances

Record low-interest mortgages are long gone

The Independent UK · Jun 15, 2022

Fed Chair Powell: Another 0.75% Rate Hike On The Table For July

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher in a volatile session on Wednesday following the Federal Reserve's largest interest rate hike since 1994.

Benzinga · Jun 15, 2022

How will the Fed interest rate hike affect you?

Consumers are already paying more for gas, groceries and everyday items, but they should expect to fork over more in other parts of their lives after Wednesday’s interest rate increase.

Los Angeles Times · Jun 15, 2022

4 ETFs to Bet on Another Market Crash

Recession fears have been rising with inflation running at a 40-year high and the Fed’s potential monetary policy tightening. The World Bank has recently warned of a recession and slashed its global growth forecast, adding to investors’ worries. Therefore, ETFs that perform well in a bear market, Direxion Daily S&P…

StockNews.com · Jun 15, 2022

US Fed hikes interest rate 0.75 points, biggest increase since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.

France 24 · Jun 15, 2022

Tough action on interest rates in the US. But how rattled is the US Federal Reserve?

Wall Street braces for rises in borrowing costs in July and September as 8.6% inflation spurs on central bank

The Guardian - UK · Jun 15, 2022

Fed hikes 75 basis points; Powell says 75 or 50 likely in July

The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell said officials could move by that much again next month or make a smaller half-point increase to get inflation under control.

Tribune News Service · Jun 15, 2022

Fed hikes rates 75 basis points, intensifying inflation fight

Federal Reserve officials raised their main interest rate by three-quarters of a percentage point — the biggest increase since 1994 — and signaled they will keep hiking aggressively this year, resorting to drastic measures to restrain the rampant inflation they failed to forecast.

Tribune News Service · Jun 15, 2022