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Posted 02/02/2023

ECB Takes Rates to 3% after a 50bps Hike, Signalling Half-Percentage Raise to Come in March

The European Central Bank (ECB) raised the main refinancing rate by 50 basis points...

Posted 02/02/2023

BOE Raises Interest Rate by 50bps to 4%

The Bank of England voted 7 to 2 to raise its key interest rate...

Posted 02/02/2023

Dollar Index Drops to 9-Month Low as Fed Lowers Aggression on Policy Rates

The decline of the U.S. Dollar Index continued on Thursday after the Federal Reserve...

Posted 02/02/2023

Zuckerberg’s Dream of Metaverse Looks Cloudy after $13 Billion Operating Loss in 2022

Facebook’s parent Meta shares rose 20% to $184 a piece after hours as the...

Posted 02/02/2023

US Job Openings Unexpectedly Surge in December as Labor Market Remains Tight

The number of available jobs in the U.S. unexpectedly rose in December, according to...

Posted 02/02/2023

Oil Prices Rise as Dollar Weakens following Fed’s Rate Hikes

Oil prices surged in early Asian trade on Thursday after the U.S. Federal Reserve...

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