Tue, 21-Oct-2025

Argentina raises interest rates to a 20-year high of 69.5%

Argentina

As the nation fights to control surging inflation, which hit a 20-year high of 71% on Thursday, the central bank of Argentina increased its benchmark interest rate by 950 basis points. The central bank increased the benchmark rate for the 28-day term from 60% to 69.5%. On Thursday, fresh inflation figures highlighted the urgency guiding … Read more

Dollar increases, rates decrease following Powell’s comments on inflation

Dollar

The S&P 500 ended slightly lower and looked set to put in the worst first half for the U.S. benchmark index in more than five decades. have worried that an aggressive push by the Fed to dampen inflation will tip the economy into recession. Treasury yields slipped as inflation worries hounded investors. The yield on … Read more

Yen slides as Europe prepares for rate climbs

Yen

The yen hit a new 20-year low versus the dollar on Wednesday. Brokers anticipated an European Central Bank meeting prone to let Japan be like peers. The ECB meets on Thursday and markets are anticipating that it should lay the foundation for fast rate increases, on the off chance that not start them with a … Read more

Rishi Sunak cautions of intense few months as expansion takes off

Sunak

Rishi Sunak is to caution that the following couple of months “will be intense” after it was uncovered costs are increasing at the quickest rate for a considerable length of time. In a discourse to organizations later, the chancellor will concede he “can’t imagine” reducing the expense of living mash for families will be simple. … Read more