Por: CBS News Business September 22, 2022
Stocks closed sharply lower on Wall Street and bond yields rose after the Federal Reserve stepped up its fight against inflation by sharply raising interest rates.The S&P 500 lost 66 points, or 1.7%, on Wednesday to end at 3,789 points. The Dow Jones Industrial Average also fell 1.7%, while the Nasdaq sank 1.8%.The Fed raised its target rate , as expected, the fifth time this year policy makers have raised borrowing costs. But the central bank... + full article
Chicago Tribune USA Business September 22, 2022
WASHINGTON — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressive pace that will heighten the... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
High inflation in sight, Fed to signal more rate hikes ahead | Associated Press
ABC News USA Business September 22, 2022
BEIJING -- Asian s followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike and raised its outlook for more to cool galloping inflation.Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices edged higher.The dollar rose to... + más
WASHINGTON -- The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many... + más
Fed attacks inflation with another big rate hike and expects more | Chicago Tribune
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
ABC News USA Business September 21, 2022
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
Global shares decline ahead of Fed decision on rates | ABC News
Associated Press USA Business September 21, 2022
WASHINGTON (AP) — Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain” for Americans.When the... + más
Associated Press USA Business September 20, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed... + más
Wall Street on edge as it tries to guess what the Fed is thinking | The Boston Globe
Consumer prices rise unexpectedly in August, sending stock market tumbling | ABC News
The Boston Globe USA Business September 20, 2022
Investors are braced for a pivotal Federal Reserve meeting Wednesday, when central bank officials will lay out their plans to fight persistent inflation that has roiled financial markets in recent weeks.After a wobbly start, the Standard & Poor’s 500 gained .69 percent on... + más
Not so fast on interest rates | The Boston Globe
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