Stock Market News Today: Fed Raises Rates, Expects 6 More Hikes in 2022
The Federal Reserve said it plans to begin reducing its multi-trillion dollar balance sheet later this year by rolling off its ongoing bond maturities.
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The Federal Reserve said it plans to begin reducing its multi-trillion dollar balance sheet later this year by rolling off its ongoing bond maturities.
While an interest rate hike is expected, investors will pay close attention to Fed Chair Jerome Powell's news conference for hints about future hikes.
The Federal Reserve said it plans to begin reducing its multi-trillion dollar balance sheet later this year by rolling off its ongoing bond maturities.
Fighting between Russia and Ukraine continues, and there are signs this coming weekend will see further escalation.
"[We] need to start admitting we are running into stagflation," Doubleline's Jeff Gundlach said in an interview with Magnifi Media on Monday.