FOMC Member Brainerd Says Fed to Speed Balance Sheet Shrinking; RBA Signals June Rate Hike; Stocks, Bonds Mostly Lower
The Reserve Bank of Australia yesterday announced that its Cash Rate would remain unchanged at 0.1%, but in its Rate Statement took a more hawkish tilt as accommodative language was removed, pointing towards a likely rate hike in June 2022. The Australian Dollar responded by rising to reach a new 9-month high price.
Stock markets are stable to bearish while the prices of agricultural commodities mostly rose a little yesterday. There has been focus on a number of civilian casualties discovered in the Kiev area as Russian troops have pulled back.It is estimated that 64.6% of the world’s population has received at least one dose of a coronavirus vaccination, while approximately 6.2% of the global population is known to have contracted the virus at some stage.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks cautious amid hawkish Fed comments, new Russia sanctionsEuropean markets inched lower on Wednesday against a backdrop of hawkish comments from U.S. Federal Reserve officials and further sanctions against Russia.
Read more »
What to watch today: Wall Street looks lower after two-session winning streakU.S. stock futures dipped Tuesday after back-to-back gains on Wall Street.
Read more »
WTI chops in lower $100s with geopolitics in focus as EU announces fresh Russia sanctionsOil prices have been choppy on Tuesday, with front-month WTI future erasing earlier session gains that saw prices rise as high as $105.50 to drop as l
Read more »
Applebee's Franchisee Employee Fired Over Viral Email Suggesting Lower Wage 'Potential'The email, widely circulated online, cited the end of pandemic-related government assistance and rising gas prices as opportunities to offer lower wages for 'paycheck to paycheck' employees.
Read more »
The #1 Best Supplement to Help Lower Blood Pressure, Says New Study — Eat This Not ThatA new study published in the journal Nutrients has found that there is one particular ingredient that can help lower blood pressure.
Read more »