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Tag
rate hike
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Bank of Korea to go for second big hike on Wednesday: Reuters poll
South Korea's central bank will opt to go big again and hike rates by another half-point next week, pushing borrowing costs higher than earlier predicted to support a weakening won and dull its effect on inflation, a Reuters poll showed.
Fed rolls out biggest rate hike since 1994, flags slowing economy
The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.