Rocky stock market faces Fed test with eyes on tightening plans - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A volatile stock market faces a critical test next week, when the US Federal Reserve is expected to raise interest rates and give more insight on its plans for tightening monetary policy to fight surging inflation.

Worries over an increasingly hawkish Fed have helped drag the benchmark S&P 500 index down 13.3% so far in 2022, its steepest four-month decline to start any year since 1939.

Investors widely expect the Fed to raise rates by 50 basis points when the central bank’s meeting concludes on Wednesday. Crucial to the tightening plans will be how persistent officials view the current pace of inflation after March’s consumer price index showed an annual increase of 8.5%, the largest rise in over 40 years.

The month of April marked the S&P 500’s biggest monthly fall since the onset of the coronavirus pandemic in early 2020, while the tech-heavy Nasdaq logged its largest monthly drop since the 2008 financial crisis. The percentage of individual investors describing their six-month outlook for stocks as “bearish” rose to 59.4%, its highest level since 2009, according to the latest weekly survey from the American Association of Individual Investors.Following the Fed’s expected rate hike in March, the S&P 500 rallied more than 8% over the ensuing two weeks.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 37. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

JSE lifts on robust US corporate earnings figuresStocks have been boosted by strong earnings and mixed economic data that still suggests the US economy is on solid footing I'm currently looking for employment unsuccessfully and my children sleep hungry. That breaks me as a father. Please assist us with any tinned food for a meal tonight🙏. We live at 163 Phahla Str Kroonstad My number is 0680997476 Harrismayson0 ɪ ᴡᴀs sᴏ ᴇxᴄɪᴛᴇᴅ ᴡʜᴇɴ ɪ ᴏᴘᴇɴᴇᴅ ᴍʏ ᴡᴀʟʟᴇᴛ ᴀɴᴅ sᴀᴡ ᴍʏ ᴘᴀʏᴍᴇɴᴛ ᴏғ $ 12,350. ᴡʜᴀᴛ ᴀ ʙᴏᴏsᴛ! ʏᴏᴜ ᴋɴᴏᴡ ᴇxᴀᴄᴛʟʏ ᴡʜᴀᴛ ɪ ᴡᴀɴᴛᴇᴅ ᴛʜᴀɴᴋ ʏᴏᴜ sᴏ ᴍᴜᴄʜ ғᴏʀ ᴛʜᴇ ᴘᴀʏᴍᴇɴᴛ
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »