Category: raise

Fed to Raise Rates, Won’t Be as Restrictive as 1990s: Chicago Fed President

March 5, 2022
Business & EconomyCharles Evanseconomic policieseconomyFederal ReserveMarketsraiserateUSUS News
0 Comment

Federal Reserve Bank of Chicago President Charles Evans on Friday said the U.S. central bank is on track to raising rates this year, though it may be “more than I think is essential” to do so at every policy-setting meeting. “By the end of the year when we are closer to neutral we are going…

Read More

Bank of England to Raise Rates Again in February as Inflation Surges: Reuters Poll

January 22, 2022
Bank of EnglandBusiness & Economyeconomic policieseconomyinflationraiseratesSurgesUKWorld
0 Comment

LONDON—The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of target and the economic threat from the Omicron coronavirus variant should prove milder than previous mutations, a Reuters poll found. Britain’s central bank became last month the first major rate-setter to increase interest rates since…

Read More

AgileThought Raises $25 Million via Equity Offering at 24 Percent Discount

December 23, 2021
AgileThoughtBusiness & EconomyCompanieseconomyequityofferraise
0 Comment

AgileThought Inc. priced 3.6 million shares at $7 per share to raise $24.9 million in a secondary public offering. The offer price implies a 24 percent discount to AgileThought’s December 21 closing price of $9.21. The underwriters have a 30-day option to purchase additional shares up to 0.53 million. AgileThought looks to use 60 percent of…

Read More

IKEA Owner Sees Cost Pressures Rising After Hit to Profits

November 3, 2021
Business & EconomyCompaniescostsEuropeIKEAraiseWorld
0 Comment

STOCKHOLM—The owner of the IKEA furniture brand said on Wednesday it would raise prices due to supply chain challenges far into 2022, after it reported a drop in full-year profit due to higher transport and raw material costs. Despite record demand as people spend more time at home due to the pandemic, pretax profit at…

Read More

Japan’s Investors Raise Bets on Kono in Leadership Race

September 13, 2021
ArchivedAsia & PacificBusiness & EconomyCompaniesEconomiesInvestmentinvestorsJapanleadershipMarketsNewsraiseTaro KonoWorld
0 Comment

TOKYO—Japan’s stock investors have raised bets Taro Kono will become the country’s next prime minister, snatching up renewable energy and office technology shares that are expected to benefit under his economic policies. At the same time, investors are now trimming holdings of some medical service shares that had previously benefited on now fading expectations former…

Read More