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  1. Swiss Central Bank Raises Key Rate Unexpectedly

    by , 06-16-2022 at 04:50 PM
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    The Swiss National Bank raised its key interest rate unexpectedly on Thursday, to combat inflationary pressures.

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  2. Australia Unemployment Rate Steady At 3.9%; 60.6K Jobs Added

    by , 06-16-2022 at 11:03 AM
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    The jobless rate in Australia came in at a seasonally adjusted 3.9 percent in May, the Australian Bureau of Statistics said on Thursday - unchanged from the April reading but above expectations for 3.8 percent.

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  3. Federal Reserve Raises Interest Rates By The Most Since 1994

    by , 06-16-2022 at 06:52 AM
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    In an effort to combat elevated inflation, the Federal Reserve on Wednesday announced the biggest increase in interest rates in almost thirty years. The Fed revealed that it has decided to raise the target rate for the federal funds rate by 75 basis points to 1.50 to 1.75 percent, marking the biggest rate hike since 1994.

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