Fed

Wall Street closes sharply in the red – hopes of rate cuts dampened

Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more

Dow plunges more than 700 points, fears Fed rises, smashes recession

The Dow Jones continues to fall. Recently, it collapsed more than 700 points after revealing retail sales numbers fell more than expected. As a result, investors are worried that the US Federal Reserve (Fed) moving forward to raise interest rates will drag the US economy into recession. As of 10:05 p.m. Thai time, the Dow … Read more

The Fed raises interest rates by half a point and inflation slows | Economy

In its statement, the Fed’s Federal Open Market Committee also anticipated that new rate hikes “will be appropriate” in the future to continue helping contain prices and return the inflation rate to its 2% target. The Federal Reserve (Fed) of the United States agreed on Wednesday a half-point rise in interest rates, which will now … Read more

US interest rate hike, 0.25% observation next February CPI received money market | Reuters

The U.S. Labor Department’s November consumer price index (CPI) data has fueled speculation in money markets that the U.S. Federal Reserve (Fed) will further slow down interest rate hikes as early as next year. Photo taken in March 2019 (2022 REUTERS/Leah Millis)¥ [１３日 ロイター] – The US Labor Department’s November Consumer Price Index (CPI) has … Read more

dollar weakens slightly Investors still worried about inflation | RYT9

dollar weakens slightly But the depreciation was not much as it was still supported by the Producer Price Index (PPI) data that rose more than expected. This will be the factor that encourages the US Federal Reserve (Fed) to move forward with raising interest rates. This week has been quite an active week. Four central … Read more

Gold futures surge past $1,810, keep an eye on next week’s Fed meeting | RYT9

Gold futures bounced past $1,810 today. While investors keep an eye on the Federal Reserve’s (Fed) monetary policy meeting next week. At 11:50 p.m. Thai time, the COMEX (Commodity Exchange) gold contract is delivered in February. plus $ 14.0 or 0.78% to $ 1,815.50 / ounce The Fed will hold its monetary policy meeting on … Read more