Bowman says Fed needs to raise interest rates higher to curb inflation
Federal Reserve Gov. Michelle Bowman said it "will likely be appropriate" to raise interest rates further "because inflation is still too high."
Source: marketwatch.com
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Top News In Fomc Today - Breaking & Trending Today
US close: Stocks fall for third straight day in FOMC aftermath
Stocks on Wall Street fell for a third straight day on Friday in the aftermath of the Federal Reserve's monetary policy meeting after which the central bank indicated that rates will stay elevated for the foreseeable future.
Source: sharecast.com
US pre-open: Stocks to extend losses after FOMC meeting
US stock futures were pointing to further losses on Wall Street on Thursday after hawkish comments from the Federal Reserve spooked investors the previous session.
Source: sharecast.com
Oil dips on Fed hawkishness
A looming Federal Reserve rate hike rattles the oil market, overshadowing a modest drop in US crude inventories
Source: businesslive.co.za
US close: S&P 500 at three-month low in FOMC aftermath
US stocks dropped on Thursday, with the S&P 500 and Nasdaq both falling to their lowest levels since late-June, as rising bond yields and hawkish comments from the Federal Reserve weighed on sentiment.
Source: sharecast.com