News And Announcements
Slower rate hikes looming as Fed mentions the 'recession' word
Minutes from the Federal Open Market Committee’s most recent meeting were met with some Thanksgiving cheer late on Wednesday, as most policymakers agreed that smaller interest rate hikes would “soon be appropriate”.
Royal Mail workers reject 'best and final offer' ahead of strike
Royal Mail’s “best and final offer” to striking workers was rejected on Wednesday afternoon, with hundreds of thousands of postal workers set to walk out on Thursday and Friday.
RBNZ delivers biggest ever rate hike in another hawkish decision
New Zealand’s benchmark stock index was in the red on Wednesday, after the country’s central bank delivered its biggest-ever rise in interest rates as it tightened policy for the eighth consecutive time.
UK economy continues to falter as new orders tumble
The UK economy continued to struggle in November, a closely-watched survey showed on Wednesday, as the cost of living crisis weighed heavily.