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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

A report released by the Labor Department on Thursday unexpectedly showed a slight decrease by first-time claims for U.S. unemployment benefits in the week ended March 18th. The Labor Department said initial jobless claims slipped to 191,000, a decrease of 1,000 from the previous week's unrevised level of 192,000. Economists had expected jobless claims to rise to 201,000.
RTTNews | Před 848 dny
Norges Bank Lifts Key Rate By 25 Bps; Hints At More Tightening

Norges Bank Lifts Key Rate By 25 Bps; Hints At More Tightening

Norway's central bank decided to raise its policy rate by 25 basis points to curb inflation amid the tight labor market conditions and hinted at another rate hike in May and beyond. Norges Bank's Monetary Policy and Financial Stability Committee on Thursday unanimously decided to lift the policy rate to 3.00 percent from 2.75 percent.
RTTNews | Před 848 dny
Philippine Central Bank Hikes Rate For Ninth Straight Session

Philippine Central Bank Hikes Rate For Ninth Straight Session

The Philippine central bank raised its benchmark rates for the ninth consecutive policy session to gain control over inflationary pressure emanating from strong domestic demand and lingering supply-side constraints. That said, the bank softened its pace of tightening given the stability in the currency.
RTTNews | Před 848 dny
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United Airlines, Archer To Launch First Air Taxi Route In Chicago

United Airlines, Archer To Launch First Air Taxi Route In Chicago

United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route.
RTTNews | Před 848 dny
Pound Advances After BoE Decision

Pound Advances After BoE Decision

As expected, the Bank of England raised its key rate by 25 basis points to 4.25 percent from 4 percent. Following the decision, the pound rose against its major counterparts.
RTTNews | Před 848 dny
Pound Mixed Ahead Of BoE Decision

Pound Mixed Ahead Of BoE Decision

The Bank of England's monetary policy announcement is due at 8:00 am ET Thursday. The BoE is widely expected to raise its key rate by 25 basis points to 4.25 percent from 4 percent.
RTTNews | Před 848 dny
Swiss National Bank Hikes Rate By 50 Bps

Swiss National Bank Hikes Rate By 50 Bps

Switzerland's central bank lifted its policy rate again on Thursday as policymakers remained focused on inflationary pressures even as the recent developments in the financial market raised concerns over the credentials of the Swiss banking sector. The Swiss National Bank raised its policy rate by 0.5 percentage points to 1.50 percent. The outcome of the meeting was in line with expectations.
RTTNews | Před 848 dny
Swiss Franc Eases Following SNB Rate Hike

Swiss Franc Eases Following SNB Rate Hike

The Swiss franc that traded higher in the European session on Thursday following the Swiss National Bank's decision to raise its key interest rate retraced its gains shortly.
RTTNews | Před 848 dny

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