Bank of England Governor Andrew Bailey during a press conference on February 2, 2023 in London (POOL/Yui Mok) The fight against “inflationary pressures” took precedence over shocks in the banking sector: the Bank of England (BoE) also raised its key rate on Thursday, imitating the Fed, the ECB and central banks in Switzerland and Norway … Read more
Image of the Toshiba logo by Makiko Yamazaki TOKYO (Reuters) – Toshiba’s board said on Thursday it had accepted a $15 billion (€13.7 billion) takeover bid by a consortium led by private equity firm Japan Industrial Partners (JIP). If the acquisition by JIP and the other consortium members — including Orix Corp, Rohm Co and … Read more
Faced with the exceptional profitability of the motorway concessionaires, the State is trying to correct the situation. But by what margin? Bruno Le Maire, 28 February 2023, to the National Assembly (AFP / BERTRAND GUAY) How to get the goose that lays golden eggs? The government has asked the Council of State to determine how … Read more
The control room of Euronext, the company that manages the Paris Stock Exchange (AFP/ERIC PIERMONT) The Paris Stock Exchange fell on Thursday, at the start of a session marked by monetary policy announcements from various central banks. The CAC 40 star index fell 0.40%, or 28.55 points, to 7,102.57 points, by around 10:30 am (09:30 … Read more
Fed Chairman Jerome Powell during a news conference in Washington, March 22, 2023 (AFP/OLIVIER DOULIERY) The US central bank (Fed) hiked its rate by a quarter of a percentage point on Wednesday and tried to balance its fight against inflation with turmoil in the banking sector which it warned could “weigh” the economy. The Fed’s … Read more
Traders react to the Fed’s interest rate announcement on the floor of the New York Stock Exchange by Stephen Culp NEW YORK (Reuters) – The New York Stock Exchange closed sharply lower on Wednesday after a choppy session as the Federal Reserve (Fed) raised rates 25% as expected, suggesting it could take a breather from … Read more
par Stephen Culp NEW YORK, 22 mars (Reuters) – La Bourse de New York a fini en nette baisse mercredi, à l’issue d’une séance en dents de scie, alors que la Réserve fédérale (Fed) a procédé comme attendu à une hausse des taux de 25 points de base, tout en laissant entendre qu’elle pourrait effectuer … Read more
Fed Chairman Jerome Powell during a news conference in Washington on March 22, 2023 (AFP/OLIVIER DOULIERY) The US central bank (Fed) hiked its rate by a quarter of a percentage point on Wednesday and tried to balance its fight against inflation with turmoil in the banking sector which it warned could “weigh” the economy. The … Read more
At 19:30, Boursorama broadcasts Jerome Powell’s press conference following the Federal Reserve’s monetary policy decision. Inflation should return, employment but also the resistance of the banking system to monetary tightening. The US central bank raised its rate by a quarter of a percentage point, as expected: its main key rate is now within a range … Read more
(CercleFinance.com) – The FED just announced, of course, that it will raise its key rate to 5.00% in its press release released at 7:00 PM. The FED indicates that the banking turbulence is likely to affect US growth and jobs. Inflation will remain higher than expected, at 3.6% against 3.5% previously: FED members are considering … Read more