Fed Keeps Rates Unchanged, Warns That Inflation 'Remains Elevated'
The key U.S. rate stays at the highest level in more than 20 years.
Source: ibtimes.com
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Markets Week Ahead: Nasdaq, Gold, US Dollar; FOMC, BOJ, BoE, China PMI, Euro Area Inflation, US Jobs
Key focus in the coming week will be on the Q3 earning season, the Fed, the BOJ, and the BoE interest rate decisions. In addition, geopolitical developments in the Middle East and global manufacturing activity data will be closely watched.
Source: dailyfx.com
U.S. Fed holds interest rates steady but signals future hikes could be needed - National
The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.
Source: globalnews.ca
U.S. Fed holds interest rates steady but signals future hikes could be needed
The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.
Source: q107.com
Stock Market News Today: Dow Heads for Worst Week Since March
The S&P 500 and Nasdaq Composite are also on track for their third consecutive weeks of declines as August proves tough for stock investors.
Source: businessinsider.com