Hong Kong’s Hang Seng\n \n Index fell 1.9%, leading losses in the region. Japan’s Nikkei 225\n \n declined 1.5%. Australia’s S&P/ASX 200 shed 1.3%, while South Korea’s Kospi dropped 0.8%. Mainland Chinese stock markets were closed for a public holiday. Federal Reserve Chair Jerome Powell said Wednesday that more interest rate increases might be needed this year to bring down US inflation to the central bank’s 2% target.
” On Thursday, the Bank of England raised borrowing costs by half a percentage point — a sharper increase than many economists expected — after data earlier this week revealed surprisingly stubborn inflation. On Friday, data from Japan showed that inflation excluding fresh food and energy hit a 42-year high of 4.3%, fueling speculation the Bank of Japan might rethink its monetary policy and start tightening.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Bank of England hikes rates for 13th time as inflation stays high | CNN BusinessThe Bank of England raised interest rates by a half a percentage point, after data this week revealed surprisingly stubborn inflation. It's the 13th consecutive hike.
Källa: cnni - 🏆 326. / 59 Läs mer »
Elon Musk says Tesla is coming to India 'as soon as humanly possible' | CNN BusinessTesla CEO Elon Musk said Tuesday the company is looking to invest in India “as soon as humanly possible,” following a meeting with Indian Prime Minister Narendra Modi in New York.
Källa: cnni - 🏆 326. / 59 Läs mer »
Yes, Titanic tourism is a thing, and it's dangerous | CNN BusinessOnly a handful of people have seen the Titanic’s wreckage in person, because precious few have what it takes to visit: the financial resources, access to experts – and a willingness to accept the significant safety risk.
Källa: cnni - 🏆 326. / 59 Läs mer »
FTC sues Amazon, alleging it tricked consumers into signing up for Prime | CNN BusinessThe Federal Trade Commission sued Amazon on Wednesday, alleging that the e-commerce giant has tricked millions of consumers into signing up for its Amazon Prime subscription service through deceptive user interface designs.
Källa: CNN - 🏆 4. / 95 Läs mer »
UK inflation stops falling, raising the chances of much higher interest rates | CNN BusinessUK inflation unexpectedly stayed stuck at 8.7% in May, making it more likely the Bank of England will continue raising interest rates, potentially taking them to a level not seen in more than two decades.
Källa: cnni - 🏆 326. / 59 Läs mer »
Satisfying your sweet tooth is about to get more expensive | CNN BusinessCocoa prices have been soaring — and that could drive chocolate prices higher. Higher prices are helpful for struggling cocoa farmers, but might not be great news for sweets shoppers as chocolate makers face rising costs.
Källa: cnni - 🏆 326. / 59 Läs mer »