Stay updated with breaking news from Thomas Costerg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares are mostly higher in Asia after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point
Markets are holding their breath waiting for the Fed to announce a 0.75% interest rate hike — triple their usual margin.
Markets are holding their breath waiting for the Fed to announce a 0.75% interest rate hike — triple their usual margin.
Markets are holding their breath waiting for the Fed to announce a 0.75% interest rate hike — triple their usual margin.
The Fed's apparent signal of a sharper-than-expected rate hike undermined years of its goal actions.