ECONOMY & MARKETS

Fed Should Lift Rates A Full Percentage Point By Mid-year -Waller

The Federal Reserve headquarters in Washington on Sept. 16 2015.
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an "exceedingly hot" economy.
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The Federal Reserve building is seen in Washington, U.S., January 26, 2022.

Ukraine Crisis May Slow, But Not Stop, Fed Hiking

The U.S. Federal Reserve's battle against inflation, already complicated by the unpredictable impact of a once-in-a-century pandemic, now faces a likely energy price shock and another layer of uncertainty following Russia's military move into Ukraine.
A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.

Prices Spike On Russian Invasion Of Ukraine

British and Dutch gas prices closed 40-60% higher on Thursday, along with gains in oil, European power and other commodities, after Russian forces launched an invasion of Ukraine.
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Factbox-How Dependent Is Germany On Russian Gas?

Russian forces invaded Ukraine on Thursday, sending European gas prices higher and increasing the focus on gas supply in countries including Germany, which is Europe's largest economy and imports most of the gas it consumes.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Nasdaq Stares At Bear Market As Russia Invades Ukraine

U.S. stock index futures dived on Thursday, with the tech-heavy Nasdaq 100 index set to confirm bear market and the Dow on course to affirm a correction as selloff picks up pace after Russia launched an all-out invasion of Ukraine.
The U.S. Treasury building is seen in Washington, September 29, 2008.

Treasury Yields Slide As Russia Invades Ukraine

Investors piled into U.S. government debt on Thursday, pushing Treasury yields sharply lower, after Russia invaded Ukraine, but early declines narrowed as investors assessed the assault's impact on the economy and capital markets.
Workers maintain the huge Euro logo in front of the headquarters of the European Central Bank (ECB) in Frankfurt, December 6, 2011.

Ukraine Crisis Complicates ECB's Path To Higher Rates

European Central Bank policymakers are gathering on Thursday for what may have become a crisis meeting as Russia's invasion of Ukraine threatens to derail economic growth in the euro zone and complicate the ECB's path out of negative interest rates.

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