Businesses face mounting hardships amid rate hike

Businesses face mounting hardships amid rate hike

Businesses across the board are facing multiple hardships from the current high exchange rates.
Deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
US Fed starts policy meeting with further rate hike expected

US Fed starts policy meeting with further rate hike expected

US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
Double digit inflation to flag belt tightening

Double digit inflation to flag belt tightening

Inflation is moving into double-digit territory with further monetary tightening needed to cure the pain.