Por: CNBC Business September 23, 2022
As the dollar hits 20-year highs against a wide number of key foreign currencies, the historic specter of foreign exchange market crises looms large.While now largely forgotten by all but those of us who covered the event, a surging U.S. dollar in 1985, entering the way-back machine now, forced the then G-5 industrialized nations to intervene in currency market and weaken the dollar substantially. related investing news3 hours agoAt a September... + full article
CBS News USA Business September 22, 2022
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.75 percentage point and signaled it plans to keep rates higher for longer as it tries to douse . The Fed's target interest rate is now in the range of 3% to 3.25%, the highest level in 14 years. The... + más
Inflation is a global problem, here's how central banks are addressing it | CNN
This is how the Fed's latest interest-rate hike will affect you | CBS News
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
CNN USA Business September 22, 2022
Washington, DC (CNN Business)The Federal Reserve made history on Wednesday, approving a third consecutive 75-basis-point hike in an aggressive move to tackle The supersized hike, which was unfathomable by markets just months ago, takes the central bank's benchmark lending... + más
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 | Associated Press
Hong Kong (CNN Business)Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve and forecast even more hikes ahead, fueling concerns about a recession. The Hang Seng Index () fell as much as 2.6%,... + más
Taiwan becomes growing destination for Hong Kong residents looking for more freedom | ABC News
Asia stocks follow Wall Street down as Fed fights inflation | ABC News
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
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
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
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