interest rates

Europe's central bank backs larger-than-expected rate hike

ECB hikes interest rate by 75 Basis Points

ECB hikes interest rate by 75 Basis Points Newslooks- FRANKFURT, Germany (AP) The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates…

US 30-year Mortgage Rates dip to 6.66%

US 30-year Mortgage Rates dip to 6.66% Newslooks- WASHINGTON (AP) Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights…
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Fed Collins: ‘Modest Slowdown’ is Possible

Fed Collins: ‘Modest Slowdown’ is Possible Newslooks- WASHINGTON (AP) Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be…
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return people to work

US Jobless claims rise to 213K last week

US Jobless claims rise to 213K last week Newslooks- WASHINGTON (AP) The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to…
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Bank of England hikes rates by 50 basis points

Bank of England hikes rates by 50 basis points Newslooks- LONDON (AP) Britain’s central bank raised its key interest rate by another half-percentage point Thursday, avoiding more aggressive steps to…
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Powell's awaiting speech will stir speculation on Rates

Fed: Third-Straight 75-basis-point Rate Hike

Fed: Third-straight 75-basis-point rate hike Newslooks- WASHINGTON (AP) Federal Reserve raises its key rate by a substantial three-quarters of a point for 3rd straight time to fight inflation. The Federal…
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