Markets React to FOMC Meeting Minutes
Markets are responding to the release of the minutes from FOMC's July meeting, where further rate hikes were agreed upon.
Source: cryptobriefing.com
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Bank of England Raises Rates by 25 Basis Points to 1.25%, British Pound Slides
The Bank of England raises interest rates by 25 basis points to 1.25%, the fifth consecutive hike aimed at cooling inflationary pressures in the economy and restoring price stability.
Source: dailyfx.com
S&P 500 Plunges into Free-Fall and Hits Fresh 2022 Lows on Growing Recession Fears
The S&P 500 sinks and sets new 2022 lows on fears that the Fed will not be able to engineer a soft landing and will push the U.S. economy into a recession with its aggressive hiking cycle.
Source: dailyfx.com
S&P 500 and Nasdaq 100 Rally Despite Fed's Hawkish Hike, but Will Gains Last?
U.S. stocks rally after Fed Chairman Powell says he does not expect 75 basis points rate hikes to be commonplace during the ongoing tightening cycle.
Source: dailyfx.com