Tag: Economic policy

Czech central bank raises key rate to 0.5% to tame inflation

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PRAGUE — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as...

Supreme Court: Mortgage overseer structure unconstitutional

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WASHINGTON — The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates...

UK pushes on with talks to join Pacific trade partnership

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LONDON — The U.K. launched negotiations Tuesday to join a trade partnership in and around the Pacific Ocean, as it explores new opportunities around...

Merkel’s bloc pledges stability, renewal in German election

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BERLIN — Germany’s center-right bloc is pledging to boost the economy without raising taxes and make the country “climate-neutral” by 2045 without endangering jobs...

GOP needs new health care target; ‘Obamacare’ survives again

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WASHINGTON — The Supreme Court's latest rejection of a Republican effort to dismantle “Obamacare” signals anew that the GOP must look beyond repealing...

Republicans point to inflation in bid to retake Congress

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WASHINGTON — Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline...

US average mortgage rates mostly lower; 30-year at 2.93%

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WASHINGTON — Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent...

Scotch whisky makers welcome suspension of costly US tariffs

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LONDON — Scotch whisky makers breathed a sigh of relief Thursday after the United States agreed to suspend tariffs on one of Scotland's main...

Turkey’s central bank keeps interest rate unchanged at 19%

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ISTANBUL — Turkey’s central bank left its key benchmark interest rate unchanged at 19% on Thursday. ...

Biden signals equity focus with new AmeriCorps leader choice

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President Biden plans to nominate Michael Smith to lead AmeriCorps, sending a strong signal of an intent to focus on racial equity at the...