Browsing Tag
Fed
Global markets and US futures turn lower after Fed rate hike
France's CAC 40 (CAC40)and Germany's DAX (DAX) were both down 1.3% in early trade, while the FTSE 100 (UKX) slipped 1.5%.US stocks had closed higher on Wednesday after the Federal Reserve hiked interest rates by an aggressive…
Fed Takes Aggressive Action in Inflation Fight
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling that it is prepared to inflict economic pain…
Business Highlights: Fed inflation fight, rally in stocks
___Fed attacks inflation with its largest rate hike since 1994WASHINGTON (AP) — The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly…
Fed Meeting Live Updates: Investors Expect 0.75-Percentage-Point Interest Rate Rise
Italian stocks rallied and government bond yields crept still lower, as the European Central Bank pledged new support for the eurozone's fragile Southern economies.
The yield on the 10-year Italian government bond was recently at 3.775%,…
European markets head for positive open ahead of Fed rate decision
LONDON — European stocks are expected to open higher on Wednesday as global markets await the latest monetary policy decision from the U.S. Federal Reserve.The U.K.'s FTSE index is seen opening 15 points higher at 7,204, Germany's DAX up…
S&P 500 dips with Fed policy announcement on tap
FedEx jumps after lifting quarterly dividend by more than 50%Oracle rises as sales, profit top estimates on cloud boomContinental Resources jumps on buyout proposal from founderDow down 0.5%, S&P 500 down 0.38%, Nasdaq up 0.18%NEW…
‘Never say never’: Wall Street contemplates a shock decision from the Fed
A hotter-than-expected read on inflation is testing the Federal Reserve’s resolve on the pace of its planned interest rate increases.In the face of inflation rising at a pace unseen since the 1980s, Powell and his colleagues last month…
Stocks sink, S&P enters bear market inflation, Fed meeting this week: LIVE UPDATES
Developing StoryDow eases from 800+ point selloffSymbolPriceChange%ChangeI:DJI$30,575.41-817.38-2.60%BA$127.00
-6.73-5.03%DOW$58.67-3.19-5.16%IBM$136.19-1.77-1.28%KO$61.41-0.39-0.63%All 30 Dow components
traded lower mid-morning led by…
Markets Recoil as Inflation Report Raises Stakes for Fed
On Friday, the yield on the two-year Treasury note jumped to 3.06 percent, up about a quarter of a point, while the yield on 10-year notes rose to 3.16 percent, up about a tenth of a point.Ultimately for investors, the concern is how…