‘The Federal Reserve is breaking things’ – this is what keeps Wall Street on edge as risks mount around the world

Jerome Powell, Chairman of the US Federal Reserve, during a federal hearing event in Washington, DC, US, on Friday, September 23, 2022. Drago | Bloomberg | Getty Images Such as Federal Reserve Efforts to tame inflation are intensifying, sending the dollar, bonds and stocks up, and concern is growing that a central bank crackdown will … Read more

Turkey cuts interest rates again despite 80% inflation

The number of Russian tourists to Europe decreased significantly during the summer, but increased in several other destinations, including Turkey (here). Onur Dogeman | soba pictures | Light Rocket | Getty Images Turkey’s central bank surprised markets once again with its decision on Thursday to cut its key interest rate, despite the country’s inflation soaring … Read more

European markets open to close, Bank of England and Swiss central bank interest rate decisions

US stocks opened mixed US stocks opened mixed Thursday after the Federal Reserve’s decision on Wednesday to implement it The third consecutive rise in the interest rate of 0.75%. The Dow Jones Industrial Average and the S&P 500 were hovering around the flat line in early trades, while the Nasdaq was down 0.2%. Karen Gilchrist … Read more