(Reuters) - The European Central Bank's interest rate hike on Wednesday and New Zealand's move to lift rates earlier, which sent its currency to a 22-year high, underscored a trend to rising borrowing costs around the globe.
With investors already fretting over rates, U.S. data released overnight, showing higher-than-expected labor costs, fuelled worries about inflation.
Read more at Reuters.com Hot Stocks News
With investors already fretting over rates, U.S. data released overnight, showing higher-than-expected labor costs, fuelled worries about inflation.
Read more at Reuters.com Hot Stocks News
No comments:
Post a Comment