The Fed put out a fresh set of forecasts on Wednesday that show inflation remaining elevated, while expectations were for growth in gross domestic product to slow while unemployment rises.
The Fed said on Wednesday that its benchmark rate would likely top out above 5%, which is higher than expected just a few months ago, and indicated it wasn’t inclined to pause or pivot to rate cuts anytime soon. That is pressuring stocks as investors had hoped for the turn sometime in 2023.
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You cannot taper a Ponzi🤣
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Dow books biggest drop in three months as stocks react to recession fearsU.S. stocks finished sharply lower on Thursday as the Dow logged its worst day since Sept. 13, according to Dow Jones Market Data. Investors dumped stocks as... Chip wars, sanctions against Russia, student debt forgiveness, this administration is doing everything to undermine the economy and tank the market.
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Asian stocks sag with dollar as hawkish Fed spurs recession fearsAsian stocks sagged on Thursday, tracking declines on Wall Street, after the U.S. Federal Reserve projected higher interest rates for a longer period. Etrade dont exactly allow me to trade on china stocks so.. not tall that important to me .
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Dow plunges in perfect storm for stocksInvestors got a second-day jolt with the economy slowing as prices and interest rates are expected to keep rising. The Federal Reserve hiked rates by 50 basis points on Wednesday. Thanks Joe! We are all waiting for it.
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Dow ends up 105 points Tuesday, stocks post back-to-back gains as inflation data coolsU.S. stocks closed higher Tuesday in a choppy session, after the latest CPI data showed inflation continued to retreat from its June peak. The Dow Jones Industrial Average rose about 105 points, or 0.3%, ending near 34,110: And yet
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Global stocks inch higher on U.S. data, with Fed in focus By Reuters*GLOBAL STOCKS INCH LOWER AS CAUTION SETS IN AHEAD OF KEY FED RATE DECISION - daddy Jerome pls give me 75bps 75BPSはダメ🙅♂️🙅♀️🙅 75 bps will be good. But no, he's going to annonce 50 bps
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MarketWatch Live: Stocks struggle for direction ahead of Fed decision, Powell commentsFollow all the action in U.S. markets on Wednesday.
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