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Economy

Finance & Stock Market

Economy

Finance & Stock Market

USA: The bank makes money more expensive

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The bank Fed raises the interest rate. The reason is high inflation.

Economy

Finance & Stock Market

USA: Rates rise for the first time in 3 years

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The US central bank Fed raised the key interest rate to 3.75 to 4.00 percent. It wants to fight high inflation.

Economy

Finance & Stock Market

Bank raises money cost

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The bank raises the money cost to 2,5 percent. The reason is high price growth.

Economy

Finance & Stock Market

Prices rise again in August

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Prices rise in Europe. Energy costs more. Experts think that the bank raises the interest rates now.

Economy

Finance & Stock Market

Prices in Germany go up more

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Prices in Germany go up by 2,9 percent in August. Energy like gas and oil costs much more now.

Economy

Finance & Stock Market

High debt in the USA

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The USA now has more than 40 trillion dollars in debt. Experts worry about the future of the country. The dispute over customs duties with Canada continues.

Economy

Finance & Stock Market

USA and Japan help the Yen

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The Yen is weak. USA and Japan buy the money. This helps the world.

Economy

Finance & Stock Market

Inflation in Austria drops to 2,7 percent

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The inflation in Austria drops in July to 2,7 percent. Food costs less because the tax drops.

Economy

Finance & Stock Market

Less money at the cash machine

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Some cash machines in Austria give less money at once. The limit falls from 400 euro to 200 euro. People must use the machine more often.

Economy

Finance & Stock Market

Big banks make much profit

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The banks UBS and Deutsche Bank earned a lot of money. Both firms increased their profit a lot compared to last year.

Economy

Finance & Stock Market

Apple makes a new record

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Apple is now worth over 5 trillion dollars. The company starts a new rent system for devices in the USA.

Economy

Finance & Stock Market

Interest rates in Europe stay the same

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The European Central Bank keeps the interest rates the same. The main rate stays at 2.25 percent. Experts like this step.