The Latest Breaking News from MPC

In the fight against inflation the ECB, Bank of England and Federal Reserve risk either doing too much too soon, or too little too late

Concerns over the Federal Reserve’s aggressive interest rate hikes to combat rising inflation and growing recession risks are expected to keep the stock market under tremendous pressure in the near term. To navigate a volatile market, reliable blue-chip stocks BASF (BASFY), Barclays (BCS), The Hershey (HSY), and Marathon Petroleum (MPC)…

Pressure for bigger interest rate rises likely to follow multi-decade highs for rising prices

Monetary policy committee member says Bank must act to prevent high inflation becoming embedded

Millions of homeowners have been put on notice of a higher than expected rise in interest rates over the next year as one of the Bank of England’s rate setters said they may have to be lifted to 2 per cent or higher to tame soaring inflation.

Outgoing Monetary Policy Committee member Michael Saunders said increases ‘still have some way to go’ in order to get inflation under control.

NextEra Energy Partners (NYSE: NEP) is scheduled to release second-quarter 2022 earnings on Jul 22 before market open. The firm delivered an earnings surprise of 309.5% in the last reported quarter.

The venue in Ashton Lane had been in the hands of the Clydesdale family since it opened in 1971 and is currently managed by Colin Clydesdale along with his wife Carol.

Someone with a lot of money to spend has taken a bullish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.