News Formal

Bruised Wall Street faces gauntlet of worries after market tumble

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Chief among market participants’ worries is a Fed that has repeatedly ratcheted up its hawkish rhetoric as it gears up to fight the worst U.S. inflation in nearly 40 years

The hawkish stance was underlined on Thursday, when Fed Chair Jerome Powell said a half-point interest rate increase “will be on the table” at the central bank’s monetary policy meeting next month.

“The stock market is coming to grips with the reality that the Fed is serious about raising rates this time,” said David Carter, managing director at Wealthspire Advisors. “It now expects large and quick increases and is having a difficult time digesting that.” Plenty of investors believe the economy – and markets – can remain resilient. Solita Marcelli, chief investment officer, Americas, at UBS Global Wealth Management, said the U.S. economy is robust enough to grow even if Fed hikes match current expectations.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Investing in marketing can set companies up for bright futuresNavigating the modern marketing landscape intelligently is getting harder every day
Sumber: VancouverSun - 🏆 49. / 61 Baca lebih lajut »

Investing in marketing can set companies up for bright futuresNavigating the modern marketing landscape intelligently is getting harder every day Poll: Does marketing = brainwashing?
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »