Page 2 - Libby Cherry News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- The Federal Reserve, Bank of England and Swiss National Bank all proceeded with expected interest-rate increases this week, reinforcing their commitments to curb inflation despite turmoil in the banking sector. Policymakers in the US and UK hiked by a quarter point while those in Switzerland opted for a half point. All three signaled more increases could be in store. The UK was especially under pressure to tighten policy after a report earlier in the week showed consumer prices advanced 10.4% in February, surpassing all estimates in a Bloomberg survey and bucking economists’ e...

The figures give policy makers at the Bank of England room to wait before considering the next move on rates.

After years of separation from his wife in mainland China, Hong Kong resident Cheung Seng-bun made sure to be among the first in line after the reopening Sunday of border crossing points.

After years of separation from his wife in mainland China, Hong Kong resident Cheung Seng-bun made sure to be among the first in line after the reopening Sunday of border crossing points.

The S&P500 slipped 0.2% (down 19.3% y-t-d), while the Dow increased 0.9% (down 8.6%). Three-month Treasury bill rates ended the week at 4.1825%