Wall Street Reacts to 'Neutral' Fed Hold Amidst Varying Opinions; US Fed Keeps Rates Unchanged
Wall Street is reacting to the Federal Reserve's 'neutral' interest rate hold, with opinions ranging from dovish to hawkish. The Fed maintained rates at 3.50% to 3.75%, with only one dissenter, and sees accelerating inflation and GDP growth, confirming its decision to keep interest rates unchanged.
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Stock market crash: Sensex plunges over 1,600 points as US Fed keeps rates unchanged
Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Thursday after the US Federal Reserve kept policy rates unchanged. While Nifty50 went below 23,300, BSE Sensex was down over 1,600 points.
By TOI BUSINESS DESK
Read full article →Wall Street ends sharply lower after Fed keeps rates unchanged - The Straits Times
Wall Street ends sharply lower after Fed keeps rates unchanged The Straits Times
Read full article →Wall Street Reacts To "Neutral" Fed Hold
Wall Street Reacts To "Neutral" Fed Hold The digital ink on the Fed statement is still wet and the kneejerk reactions are already flying. Here is a small sample of the more notable ones, with opinions ranging from this was a dovish, neutral and hawkish statement. So right in the middle, perhaps as Powell intended: George Goncalves, MUFG: "this is a “neutral” statement from the FOMC.The statement tweaks are an attempt at trying to avoid sending any signals while conveying they a...
By Tyler Durden
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