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Bank of England Raises Interest Rates to 2.25%

September 22, 2022 by News101
Bank of England Raises Interest Rates to 2.25%

As Britain goes through a period of vast change, with a new government and new monarch, the central bank is continuing its efforts to stop … Read more

Bad News From the Fed? We’ve Been Here Before.

September 22, 2022 by News101
Bad News From the Fed? We’ve Been Here Before.

The Federal Reserve’s decision to raise interest rates again is hardly a positive development for anyone with a job, a business or an investment in … Read more

The Fed made another supersize rate increase as it struggles to contain rapid inflation.

September 22, 2022 by News101
The Fed made another supersize rate increase as it struggles to contain rapid inflation.

Federal Reserve officials ramped up their battle against the fastest inflation in 40 years on Wednesday, ushering in a third straight supersize rate increase while … Read more

The Fed Intensifies Its Battle Against Inflation

September 21, 2022 by News101
The Fed Intensifies Its Battle Against Inflation

Federal Reserve officials, struggling to contain the most rapid inflation in 40 years, delivered a third big rate increase on Wednesday and projected a more … Read more

How to Read the Fed’s Projections Like a Pro

September 21, 2022 by News101
Asian stock markets fall in early trading.

Federal Reserve officials released both an interest-rate decision and a fresh set of economic projections on Wednesday, estimates that Wall Street was keenly awaiting as … Read more

How Will Interest Rate Increases Impact Inflation?

September 21, 2022 by News101
Asian stock markets fall in early trading.

The Federal Reserve has been raising interest rates as it races to tamp down rapid inflation. These moves have a lot of people wondering why … Read more

How the Car Market Is Shedding Light on a Key Inflation Question

September 21, 2022 by News101
How the Car Market Is Shedding Light on a Key Inflation Question

In a recent speech pointedly titled “Bringing Inflation Down,” Lael Brainard, the Federal Reserve’s vice chair, zoomed in on the automobile market as a real-world … Read more

U.S. Gas Prices End Streak of Declines Just Short of 100 Days

September 21, 2022 by News101
U.S. Gas Prices End Streak of Declines Just Short of 100 Days

A 99-day stretch of declines in the average U.S. national gasoline price came to an end on Wednesday, a sign that the effect of falling … Read more

TikTok Bans Political Fund-Raising Ahead of Midterms

September 21, 2022 by News101
TikTok Bans Political Fund-Raising Ahead of Midterms

Less than two months before the midterm elections, TikTok is blocking politicians and political parties from fund-raising on its platform. In a blog post on … Read more

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

September 21, 2022 by News101
Asian stock markets fall in early trading.

As the Federal Reserve has lifted its key interest rate several times this year, Americans have seen the effects on both sides of the household … Read more

John Train, Paris Review Co-Founder and Cold War Operative, Dies at 94

September 21, 2022 by News101
John Train, Paris Review Co-Founder and Cold War Operative, Dies at 94

One day, while John Train was a graduate student in comparative literature at Harvard University, he encountered in an issue of Collier’s magazine the name … Read more

How to Read the Fed’s Projections Like a Pro

September 21, 2022 by News101
Asian stock markets fall in early trading.

In the Fed’s last set of projections, officials saw unemployment rising to 4.1 percent in 2024. (September is the first set of projections that will … Read more

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