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Top Bankier.pl News
Europe · London
Queen under medical supervision as doctors are concerned for her health
Buckingham Palace says doctors are "concerned for Her Majesty's health" The 96-year-old monarch canceled a meeting of her Privy Council and was told to rest. The palace says the queen is "comfortable" and remains at Balmoral Castle in Scotland.See the Story
51% Center coverage: 323 sources
Shinzō Abe · Nara
Shinzo Abe, Japan’s former prime minister, dies after being shot
NEW: Police identify the suspected gunman as Tetsuya Yamagami, 41. NEW: He said he wanted to kill Abe because he had complaints about him unrelated to politics. Abe suffered major damage to his heart, along with two neck wounds that damaged an artery. The 67-year-old was Japan's longest-serving leader when he resigned in 2020.See the Story
41% Center coverage: 141 sources
Europe · Frankfurt
European Central Bank raises rates by 75 basis points to tackle soaring inflation
ECB raises interest rates by a record 75 basis points. New forecasts show inflation will remain above 2-percent target for years to come. New interest rates will be effective as of 14 September 2022. Analysts said it was a close call whether the Governing Council would hike by 50 basis points or 75.See the Story
44% Center coverage: 68 sources
Latest News Stories
Europe · London
Interest rate raised to 2.25%, the highest level since 2008
The Bank of England hiked its benchmark rate last month by half a percentage point to 1.75%. It's expected to at least match that in its latest decision, which was delayed a week as the United Kingdom mourned Queen Elizabeth II. The central bank warned last month that U.K. inflation would peak at 13.1% this year.See the Story
37% Center coverage: 64 sources
Democrats get opponent they wanted in New Hampshire Senate race
Members of SEIU Healthcare Pennsylvania have settled on new union contracts. The contracts provide wage increases, improved benefits, and provisions to hold the nursing home industry accountable to workers and residents. The new contracts will impact more than 2,000 workers across the three chains, and while each chain has a separate contract with the union.See the Story
50% Center coverage: 53 sources
Europe · Brussels
Euro zone inflation hits yet another record high after big jump
The eurozone economy grew by 0.7 percent on the quarter, accelerating from 0.5 percent in the first three months of the year. The strong performance was driven by rapid growth in Spain and Italy. headline inflation accelerated to 8.9 percent in July, up from 8.6 percent in June.See the Story
49% Center coverage: 37 sources
Erdogan · Ankara
Turkish inflation hits almost 80%, peak might be near
Consumer prices rose 2.37 percent in July, below a Reuters news agency poll forecast of 2.9 percent. Annually, consumer price inflation was forecast to be 80.5 percent. Annual inflation is now at the highest level since September 1998, when it reached 80.4 percent. The biggest annual rise in consumer prices was in the transportation sector.See the Story
61% Center coverage: 18 sources
Stocks close at 3-month highs on Wall Street as inflation cools
The Standard & Poor's 500 index rose 2.1% amid a widespread rally that launched after a report showed the nation's biggest economic challenge, inflation, slowed to 8.5% at the consumer level last month. Technology stocks, cryptocurrencies and other of the year's hardest-hit investments were some of the day's biggest winners. The data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting.See the Story
46% Center coverage: 11 sources
Erdogan · Ankara
Turkey's central bank cuts additional interest rate by 1%, lira's lowest price update
Erdogan and his ally at the central bank, governor Sahap Kavcioglu, are sticking to an unorthodox playbook that resists rate hikes to contain inflation. The approach has encouraged economic growth at the expense of price stability and left Turkish assets more vulnerable to sell-offs. As a result, annual inflation has shot past 80%, a level last seen in 1998.See the Story
62% Center coverage: 8 sources
QUESTION: Do you think the United States economy is in a recession?
CLICK HERE if you don't see the poll.See the Story
100% Right coverage: 1 sources
Attempted rebound at WIG20. CD Project course at the highest since June
The session on the WSE brought an attempt to rebound the index of the largest companies with a weakening Polish currency and mixed sentiment of the underlying markets. The first calculations of potential tax charges on windfall profits of specific companies appeared, and CD Projekt shares were traded at most since June.See the Story