Published on
00:03 GMT
The morning catch up: Fed hikes interest rates despite bank crisis and sends markets down
Fed chair Jerome Powell failed to rule out further rate hikes overnight after another 0.25% rise, which sent the S&P 500 tumbling. Powell said he failed to “see rate cuts this year” and that the Fed was “committed to restoring price stability”. IG …
Source:
Proactive Investors
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