Stocks fall sharply as Fed's aggressive stance on future hikes rattles investors

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 68%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Shaken by the Federal Reserve's aggressive stance this week on rates hikes to come, U.S. stocks fell sharply on Friday, pointing major markets toward another weekly loss.

Other analysts anticipate more disagreement on the correct approach to lowering inflation over the next year.

Like the Fed, central bank officials in Europe said inflation is not yet corralled and that more rate hikes are coming. The European Central Bank, Bank of England, and Switzerland's central bank all pushed through half-point rate hikes on Thursday. On Thursday, the S&P 500 fell 2.5%, the tech-heavy Nasdaq composite lost 3.2% and the Dow gave back 2.2%. Barring a strong reversal, major indexes will finish with losses for the second straight week.has boosted hopes for an end to massive disruptions from lockdowns and other strict measures to prevent infections. But signs of sharply rising case numbers have raised uncertainty, with some alarmed over the possibility that the pandemic will continue to drag on the economy.

"The slowdown will be accompanied by investor risk aversion, which will further undermine commodity prices. However, as global activity growth starts to recover from around the second quarter, we expect improved commodity demand growth and investor risk appetite to push prices higher," she said.The central bank has been fighting to lower inflation at the same time that pockets of the economy, includingand consumer spending, remain strong.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 87. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Rates needed to go up, but raising then too much is equally detrimental. Need to find balance.

It's time to buy!

thank a dem

Don’t fight the Fed…

Thanks Joe...🤬

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US stocks fall after Fed hikes rates, signals more to comeStocks turned lower on Wall Street and Treasury yields rose after the Federal Reserve raised its benchmark interest rate and signaled more hikes ahead
La source: WOKVNews - 🏆 247. / 63 Lire la suite »

Stocks stumble after Fed hikes rates, signals more to comeStocks ended lower in bumpy trading on Wall Street after the Federal Reserve raised its benchmark interest rate in its fight against inflation and signaled that more hikes lay ahead
La source: WOKVNews - 🏆 247. / 63 Lire la suite »

Stocks dip after Fed raises key rates another half-point -SAN DIEGO (KUSI) – On Wednesday, Dec. 14, the Federal Reserve announced it will be hiking interest rates an additional half point to reinforce their fight against inflation. The key short term rate for U.S. loans is now 4.25-4.75%. The Fed has repeatedly increased interest rates in hopes of a “soft landing” as the nation faces a potential recession. This... federalreserve Why do we need the fed? Decentralised currency is the only way. Anything else is slavery. We are at 31 trillion in debt. Impossible to pay back. Guess it’s great news for the bloodline’s children. They are free. We will never be if this doesn’t change.
La source: KUSINews - 🏆 241. / 63 Lire la suite »

Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlookMarkets register displeasure, even dismay, over U.S. central bank’s vow to remain aggressive in lifting lending costs until it is clear inflation has been...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Asian stocks sag with dollar on hawkish Fed, China COVID worriesAsian stocks sagged on Thursday, tracking declines on Wall Street after the U.S. Federal Reserve projected higher interest rates would persist for a while.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Stocks drop as central banks meet after 'higher for longer' Fed viewGlobal shares slid for a second day on Thursday as major central banks deliver their final policy decisions of the year, with the U.S. Federal Reserve signalling that it expected interest rates to stay higher for longer.
La source: Reuters - 🏆 2. / 97 Lire la suite »