Fed Hike News Today

powerful quake that sent tremors across the entire region. the magnitude 7.8 quake struck before day break in southern turkey nearly the border with syria. the quake and aftershocks collapsing buildings. now a desperate search and rescue efforts under way to find people trapped in piles of rubble. cnns scott mclean joins us from london. scott, this is one of the strongest quakes to hit turkey in a century, what do we know? >> reporter: thats right, this part of the turkey, christine, u...

threatening to destroy them. classified documents found at former vice president pences home. washington wonders whos next. welcome to our viewers here in the united states and around the world. im christine romans. good morning. we begin with a wave of reported tornadoes, more than a dozen of them, wreaking havoc across southwest texas and southeast louisiana. >> oh, my god. >> in the suburbs east of houston, only one injury reported, remarkably. but officials are calling the dama...

aircraft. you can see the breadth of the areas hit. president vladimir putin, the russian leader, threatened further "harsh" responses. this is following a huge explosion over the weekend on a strategic bridge between crimea, illegally annexed in 2014 by putin and mainland russia. and moments before the attacks in ukraine, duelling in the united nations general assembly where delicates are expected to vote on the annexed regions in ukraine. met with silence while the ukraine ambassad...

hello, everyone, im eric shawn, this is fox news live. hello, arthel. arthel: im arthel neville, desantis of florida and abbott of texas are planning to keep buses coming north. at least six more buses arrived here in new york city from texas this morning. the white house and democratic officials say these men, women and children are being used as political ponds. eric: live for us at the white house president biden by the way hes in route to the united kingdom to attend the funeral of...

High interest rates, regulatory hurdles, and inflation have all bogged down the clean energy sector this year.

The Reserve Bank of India, is not under pressure to raise interest rates in response to potential moves by the US Federal Reserve, according to V Anantha Nageswaran, Indias Chief Economic Adviser. He stated that the RBIs policy decisions are less closely tied to the Feds actions due to Indias improved external finances and financial stability.

"Overall, the broader markets are still fine and healthy, and theres no need to panic. On the valuations front, some spaces seem to have run ahead of the valuations, especially in midcap space, which should get normalised with time. In the coming earnings season, we should see earnings catching up to the valuations. Coming to the corrections

The headline earnings decline worsened, but the details were more supportive for stocks. This week will be the second busiest of this earnings season. The Federal Reserve meeting on Wednesday will be closely watched despite the outcome being almost preordained.

The Federal Reserve has paused its hiking cycle at 10 interest rate increases, proposing two more hikes, with a target rate of 5.5-5.75%. Fed chair Jerome Powell has accepted inflation is still twice the target rate and that US banking regulation has been lacking. Though US job market trends show that Feds interest rate hike has not loosened enough to reduce inflation further.

Stay updated with the latest financial market news, including the falling dollar, rising jobless claims, inflation data, and upcoming interest rate decisions.