Tag: Federal Reserve Interest Rate

Federal Reserve Bank of St. Louis President James Bullard explained in an essay posted on his bank's website on Tuesday that the Federal Reserve's interest rate hikes are being used to curb inflation, adding that the ongoing instability in the banking sector can be...

Investors are exhibiting deep concerns over the instability affecting the banking sector, bracing for a potentially tumultuous few months in the stock market as banking instability and the Federal Reserve's strict monetary policy remain at center stage. U.S. stocks fluctuated notably this past week following...

Multiple central banks across the globe implemented interest rate hikes this past week as policymakers look to advance the fight against inflation amid the ongoing banking crisis. The Bank of England implemented its 11th consecutive interest rate hike on Thursday, following the example of the...

U.S. futures edged higher on Thursday following bets that the Federal Reserve would cut interest rates in the near term. In contrast, European stocks slipped following persisting policy tightening moves in the region. Contracts on the S&P 500 were up 0.5% during the morning session,...

Oil fell on Thursday as investors weighed the latest Federal Reserve interest rate decision as well as a mixed outlook on oil supply and demand. West Texas Intermediate futures were trading between $70 and $71 per barrel; a similar level to Fed Chair Jerome...

The Federal Reserve raised its interest rate by 25 basis points on Wednesday, thereby meeting Wall Street's expectations. While a 50 basis point hike was initially expected due to persistent inflation, the expectation was reduced to 0.25% following the start of the ongoing banking...