Today news
About the same in other media
Derby’s Take: Even With Rate Increase, Fed Will Still Have Lots of Work to Do
Reading now: 375
wsj.comWith the Federal Reserve set to deliver another big rate rise Wednesday, considerable uncertainty still surrounds the final destination for the central bank’s campaign of monetary policy tightening.
The rate-setting Federal Open Market Committee is almost certain to deliver a three quarter of a percentage point increase in its overnight target rate range, lifting it to between 2.25% and 2.5%. Based on comments by Fed officials, it won’t be the final level in a campaign aimed at combating the worst levels of inflation seen in four decades.
Read more on wsj.comAbout this in other media
UK braces for even higher bills as Norway threatens electricity export cut theguardian.com /2 years ago
Brexit will make a bad recession even worse. But Sunak and Truss won’t question it theguardian.com /2 years ago
City fund managers promise to keep hiring, even if BlackRock is slowing fnlondon.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
