Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • 10 services and platforms to unlock your business’s potential
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • The DiverCity Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Economics

  • Fed set to hike rates by 25 basis points despite turmoil in US banking sector

    Fed to hike rates

    The Federal Reserve is expected to raise interest rates for the ninth time in a row later this week despite widespread instability in the US banking sector.  According to Fedwatch there is a 62 per cent chance that the Fed will opt for a 25 basis point hike and 38 per cent chance that it [...]

  • Banks, bonds, inflation, recession and energy: Five lessons the markets taught us this week

    What we know

    The third week of March proved to be a rollercoaster for the world’s investors, with a rout on banks and the spectre of inflation, recession and the growing cost of living making their presence felt. These themes may indeed play on in future, so here are the five lessons we’ve learned from the markets this [...]

  • FTSE 100 close: Credit Suisse share price shoots up 30 per cent as HSBC and Lloyds climb in London

    markets

    London’s FTSE 100 today partly clawed back yesterday’s losses that saw it clock its worst day in over a year as the index was ensnared by global markets sweating over the health of the European banking system. The capital’s premier index jumped 0.89 per cent to 7,410.04 points, while the domestically-focused mid-cap FTSE 250 index, [...]

  • ‘No trade off between price stability and financial stability,’ ECB president Christine Lagarde says after rate rise

    March 16, 2023

    The recovery in European banking stocks slowed slightly on Thursday afternoon as the European Central Bank (ECB) stuck to its guns and raised interest rates by 50 basis points. With the meeting taking place amidst a nervous backdrop in the banking sector, ECB President Christine Lagarde said “there is no trade off between price stability [...]

  • ECB hikes interest rates to highest level since financial crisis, ignoring market turmoil centred on Credit Suisse and European banks

    March 16, 2023

    The European Central Bank (ECB) today hiked interest rates 50 basis points despite concerns about Credit Suisse’s finances sparking turmoil in the bloc’s banking market. President Christine Lagarde and co’s move was in line with expectations and takes Euro borrowing costs to three per cent, the highest level since the financial crisis in 2008. Markets [...]

  • Jeremy Hunt tax hikes and weak economy to swipe £10k from Britons while wealthy reap pension rewards

    March 16, 2023

    Britons are poised to miss out on £10,000 of income over the coming years after Chancellor Jeremy Hunt lifted taxes to their highest sustained level in history, experts have predicted. When combined with sluggish economic growth , the Institute for Fiscal Studies (IFS) has estimated that the tax take means real incomes will be at [...]

  • Budget: OBR says UK to avoid recession and is on course to grow every year after short blip in boost for Jeremy Hunt

    March 15, 2023

    Britain will avoid a much-tipped recession this year and will grow every year until 2027 after a short blip, a massive reversal from economists warning of the longest contraction in a century just a few months ago, the country’s spending watchdog said today. UK GDP is on course to suffer a mild slump in 2023 [...]

  • Blackrock boss Larry Fink: SVB collapse may signal ‘dominoes are starting to fall’

    March 15, 2023

    The collapse of Silicon Valley Bank could signal the “dominoes are starting to fall” after an abrupt end to the era of low interest rates and cheap money, the boss of the world’s biggest asset manager BlackRock has warned. In his annual letter to investors today, Larry Fink said a series of aggressive rate hikes [...]

  • Budget: Why Jeremy Hunt needs you back at work to prevent a recession

    March 15, 2023

    This was a budget for the workforce. It showed signs of sparking the supply side revolution that Liz Truss championed, but crashed hard in trying to get there too quickly. The Office for Budget Responsibility (OBR) thinks so. It projects the government’s collective policies designed to boost the labour market will provide a 0.2 per [...]

  • FTSE 100 close: Global banking rout weighs on index as budget does little to lift sentiment

    March 15, 2023

    London’s FTSE 100 slumped this afternoon as the banking sector faced a major sell-off following concerns over the future of Credit Suisse. The capital’s premier index closed 3.83 per cent lower at 7,344.45 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 2.63 per [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 988
  • Next

Trending Articles

  • Explainer: What's an AT1 bond - and why are Credit Suisse's now worthless?

  • First Silicon Valley Bank, then Credit Suisse, and now Signature Bank is bought out for £2.2bn

  • Rishi Sunak’s cool head after the collapse of SVB was a political windfall

  • Banking crisis: Thousands of City jobs at risk with UBS set to 'downsize' Credit Suisse investment bank division

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited