With high inflation sticking around, a series of possible interest rate hikes could help bring higher prices under control but also gradually increase the cost of borrowing money.
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Utah's positive case rate drops; 18 new deaths reportedThe Utah Department of Health on Monday reported 5,504 new COVID-19 cases and 18 additional deaths from over the weekend. The state's positivity rate continues drop from record highs over the previous two weeks.
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U.S. rate hikes could hit highly dollarized emerging market banks -Moody'sBanks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to weaker local currencies and increasing withdrawals in the face of tighter U.S. monetary policy, Moody's said on Monday.
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Aging Homes With Higher Values Could Help Home Depot and Lowe's Ring Up Sales This SpringThe home improvement retailers, however, will have to overcome rising interest rates and compete for consumers’ attention.
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EUR/USD Forex Signal: Relief Pullback LikelyThe EUR/USD pair continued its bullish rally as the market reacted to the latest interest rate decision by the European Central Bank (ECB).
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