US mortgage rates reach record high

Source: Dukascopy Bank SA
Average US mortgage rates have reached the highest level since October 2008, as the interest rates have reached the 6.25% level.
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Wed, 21 Sep 2022 19:04:12 GMT

US Federal Reserve hikes Federal Funds Rate by 0.75%

The market consensus was that the US Federal Reserve would hike its base interest rate from 2.50% up to 3.25%. At exactly 18:00 GMT the rate was hiked as expected by 0.75%.

Thu, 22 Sep 2022 10:30:06 GMT

Germany takes over Uniper

The German government has nationalised the energy giant Uniper with a 8 billion Euro buyout. The government had already subsidized the company, before taking over.

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