Tag: Fed Reserve

Federal Reserve delivers small rate hike amid recent financial turmoil in U.S.

Federal Reserve delivers small rate hike amid recent financial turmoil in U.S.

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Traders work on the floor of the New York Stock Exchange in New York, on Wednesday, March 22, 2023. News on the Federal Reserve interest rate hike appears on a monitor in the background. | Photo Credit: AP The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated […]

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Markets tumble worldwide, bear market growls on Wall Street

Markets tumble worldwide, bear market growls on Wall Street

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Some traders are even speculating the Fed on Wednesday may raise its key short-term interest rate by three-quarters of a percentage point. Some traders are even speculating the Fed on Wednesday may raise its key short-term interest rate by three-quarters of a percentage point. Wall Street is tumbling even more Monday, sending the S&P 500 […]

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