Stock market news today: Traders brace for big Fed policy decision

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Brasil Notícia Notícia

US stocks slip ahead of Fed's decision on interest rates following bank crisis

SVB lost nearly $2 billion on the sale of a bond portfolio whose value was slashed by the Fed's aggressive rate hikes.

The policy decision is due at 2:00 p.m. Eastern and Fed Chairman Jerome Powell will speak at 2:30 p.m. Eastern. "Capital market financial conditions like stock valuations, corporate credit spreads, and the exchange value of the dollar were the Fed's focus up until now, but our sense is that will shift to how effectively the banking system is distributing credit throughout the real economy going forward," said Hill.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in BR

Brasil Últimas Notícias, Brasil Manchetes