News Formal

CNBC Daily Open: High interest rate worries pressure stocks

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

News News

Canada Canada Latest News,Canada Canada Headlines

Experts and markets think both the U.S. economy and interest rates will remain warm — if not hot — to the touch.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Hyundai Motor India is a wholly owned Indian subsidiary of South Korean automaker Hyundai. Its initial public offering attracted 278.

"We've raised rates a lot, and the US economy has basically absorbed them and still continues to perform quite well," Minneapolis Federal Reserve President Neel Kashkari said on Monday. That indicates"the neutral rate seems to be higher" at this point of time, Kashkari added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC Daily Open: The Dow hits another high amid a mostly flat marketU.S. economic data came in strong and earnings reports continue to beat expectations. That helped to push the Dow to another record close.
Source: NBCLA - 🏆 319. / 59 Read more »

CNBC Daily Open: Concerns over high interest rates return, pressuring stocksExperts and markets think both the U.S. economy and interest rates will remain warm — if not hot — to the touch.
Source: NBCDFW - 🏆 288. / 63 Read more »