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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

The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. ....

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'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.
....

Charles Hepworth , Christine Lagard , Silvia Dallangelo , Gareth Hill , Federated Hermes , European Government Bond , European Bond , Federal Reserve , Christine Lagard , Bank Of England , Federal Reserve , Interest Rate , Monetary Tightening , Quantitative Tightening ,

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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