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South African rand sets a new three-year low as power woes worsen

The South African rand sets a new three-year low, under renewed selling pressure from the worst power cuts on record.

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US inflation hits one-year low

'Not a dovish Christmas carol' as ECB hikes rates by 50 basis points and warns of further rises

The ECB went ahead with a 0.5% increase in interest rates yesterday (15 December), lifting borrowing costs to their highest levels in 14 years.

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'Not a dovish Christmas carol' as ECB hikes rates by 0.50% and warns of further rises

The ECB went ahead with a 0.5% increase in interest rates yesterday (15 December), lifting borrowing costs to their highest levels in 14 years.

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Italy
Charles-hepworth
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Gareth-hill
Federated-hermes
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European-bond
Federal-reserve
Ecb

Shares plunge as hawkish ECB escalates recession anxiety

The European Central Bank was the most hawkish of the seven central banks to tighten policy overnight, declaring that rates still need to rise ‘significantly’.

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