Tag: policy

  • 5 ways US bank failures could affect the March 2023 Fed rate decision

    The Federal Reserve is meeting this week to decide on the next move on interest rates, just as its years-long battle against inflation collides with a crisis in the financial sector. The Fed’s next move will be closely watched as recent bank failures bring back memories of the 2008 financial crisis. Even ahead of the […]

  • ECB implements rate hike of half a point amid concerns about banks

    Last Updated: March 16, 2023 at 9:42 a.m. ET First published: March 16, 2023 at 9:20 a.m. ET The European Central Bank on Thursday went ahead with its plan to raise interest rates by 50 basis points or half a percentage point despite banking sector turmoil, warning that “inflation is expected to remain too high […]

  • US threatens ban if TikTok’s Chinese owners don’t sell stakes

    WASHINGTON — The Biden administration is demanding that TikTok’s Chinese owners sell their shares in the video-sharing app or risk a potential U.S. ban on the app, according to people familiar with the matter. The move represents a major policy shift on the part of the government, which has come under fire from some Republicans […]