Dollar slips as risk sentiment improves after Fed minutes - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The eagerly awaited readout of the November 1-2 Fed meeting showed officials were largely satisfied they could now move in smaller steps.

This month, the Fed raised its key rate by three-quarters of a percentage point for the fourth straight time in an effort to tame stiflingly high inflation. The minutes also showed an emerging debate within the Fed over the risks that rapid policy tightening could pose to economic growth and financial stability. At the same time, policymakers acknowledged there had been little demonstrable progress on inflation and that rates still needed to rise.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Rise in private investment and household spending will boost SA growth — OECDParis-based organisation is more optimistic than the Treasury and Reserve Bank about private investment growth
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Asia stocks mixed as traders mull China Covid path: markets wrapStocks were mixed in Asia amid fragile sentiment as investors weighed up the impact of Covid infections in China and parsed comments from Federal Reserve officials on interest rate hikes.
Source: dailymaverick - 🏆 3. / 84 Read more »