ECB Bond Tool Seen Having No Limits as Steeper Rate Hikes Loom
[ad_1] (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The European Central Bank will unveil an…
Argentina Holds Key Rate at 52% Amid Faster Inflation
[ad_1] (Bloomberg) — Argentina’s central bank held its benchmark interest rate at 52%, even as inflation accelerated to its fastest pace in 30 years, and set a reference range for…
Strong Dollar At 20-Year High Creating Havoc
[ad_1] The US dollar index hit a 20-year high of 109 this week. This is creating increasing pain for other countries, especially those with Eurodollar loans, as servicing those is…
Chile’s Central Bank Steps in to Buoy Peso After Fast Slump
[ad_1] (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Chile’s central bank announced plans to support…
Dollar’s Record Strength Adding to Turbulence Threatening Stocks
[ad_1] (Bloomberg) — US stock-market investors are already contending with the nerve-shattering combination of surging inflation, growing recession fears and a Federal Reserve that’s raising interest rates at the fastest…