Interest rate hike by the US Fed causes jitters; dollar gains strength against other currencies | Latest news | WION – WION

Interest rate hike by the US Fed causes jitters;  dollar gains strength against other currencies |  Latest news |  WION – WION

Interest rate hike by the US Fed causes jitters; dollar gains strength against other currencies | Latest news | WIONWION Yesterday’s Fed rate hike will be considered a mistake, Stifel’s Barry Bannister saysCNBC Television Central banks raise interest rates, fear worse pain laterThe New York Times opinion | The Fed’s new rate hike will help … Read more

The Canadian dollar has fallen just below 75 cents, its lowest level in two years – here’s why:

The Canadian dollar has fallen just below 75 cents, its lowest level in two years – here’s why:

The Canadian dollar fell to its lowest level in nearly two years on Tuesday — closing at 74.82 US cents — as the economy struggles to absorb high inflation and faces a potential global recession. The weakening Canadian dollar is tied to the US federal reserve and is constantly raising its key overnight borrowing rate … Read more

Fed’s Waller Supports ‘Significant’ September Hike, Joins Bullard

Fed’s Waller Supports ‘Significant’ September Hike, Joins Bullard

“Inflation is way too high and it’s too early to say if inflation is meaningful and sustained downward,” Waller said in the text of his comments to the Institute for Advanced Studies in Vienna, Austria. “I support a significant hike at our next meeting on September 20-21 to bring key interest rates to levels that … Read more

Bitcoin Rises 10% On A Weaker US Dollar And A Reality Check For The Merge: CNBC Crypto World – CNBC Television

Bitcoin Rises 10% On A Weaker US Dollar And A Reality Check For The Merge: CNBC Crypto World – CNBC Television

Bitcoin Rises 10% On A Weaker US Dollar, And A Reality Check For The Merge: CNBC Crypto WorldCNBC Television

Fed inflation battle leads to greater economic damage than realized

Fed inflation battle leads to greater economic damage than realized

The Federal Reserve’s struggle to control inflation is likely to do more damage to the US and the global economy than is currently valued, according to a pair of papers presented this week at a renowned economic conference.

‘Dr. Doom’ Roubini sees hard landing in the US or uncontrolled inflation

‘Dr.  Doom’ Roubini sees hard landing in the US or uncontrolled inflation

“If that doesn’t happen, inflation expectations will come loose,” said Roubini, whose foresight of the housing bubble that led to the US financial crisis more than a decade ago has nicknamed him Dr. delivered doom. “Or if that happens, we’ll have a hard landing. Either way, you either get a hard landing or you get … Read more

Fed’s Barkin urges to keep rates high to avoid 1970s-style mistakes

Fed’s Barkin urges to keep rates high to avoid 1970s-style mistakes

Consumer price increases slowed last month to a pace of 8.5% year-on-year, a report showed Wednesday, from 9.1% in June, a four-decade high. A separate report on Thursday showed that producer prices fell in July from the previous month, the first drop in more than two years.

Fed Rate Hike Forecasts Raised at JPMorgan, Evercore on Blowout Jobs Report

Fed Rate Hike Forecasts Raised at JPMorgan, Evercore on Blowout Jobs Report

U.S. employers added 528,000 jobs last month, surpassing all estimates, the unemployment rate matched a five-decade low of 3.5% and wage growth accelerated, the Department of Labor said Friday. The data gives the Federal Open Market Committee a boost to match the 75 basis points it made in June and July as it works to … Read more

US inflation-to-dollar index: 5 factors that could affect the stock market next week

US inflation-to-dollar index: 5 factors that could affect the stock market next week

Next week fair: Last week was another one that was all about bulls. In all five trading sessions last week, bears tried to establish their presence on Dalal Street, but each time the bulls managed to recover. As a result, the magnitude of the weekly increase was small, but the direction remained positive. “The Nifty … Read more