Fed Holds Interest Rates Despite Persistent Inflation Risk
The Federal Reserve kept its policy rate unchanged, citing persistent inflation risk.
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The Federal Reserve kept its policy rate unchanged, citing persistent inflation risk.
U.S. stock futures rose Wednesday ahead of the September CPI release. The Dow Jones, S&P 500 and Nasdaq 100 were higher after Tuesday’s lower close.
U.S. stocks look set to open in the red on Thursday, with futures of the Dow Jones, S&P 500, and Nasdaq 100 indices falling, following Wednesday’s lower close. Oil prices surged, with Brent futures hovering around $104 per barrel as geopolitical tensions in the Middle East intensified following reports that the Pentago
Glassnode says 86% of bitcoin moved onto exchanges on Sunday came from short-term holders, the highest share in more than a year. The analysis says continued profit-taking could create supply pressure near $85,000.
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U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close. In a unanimous vote, all 12 Federal Open Market Committee members approved a 25-basis-point increase in the federal funds rate, bringing the target range to 3.75%—4.00%. Amid the Middle Eas
U.S. stocks ended the week mixed after August jobs data beat expectations, with employers adding 162,000 positions and unemployment holding at 4.1%, boosting bets the Federal Reserve could raise rates in September.