The Fed has reached the lowest level of restrictive policy, Jerome Powell said Wednesday, during remarks to reporters following a third consecutive upsized rate hike.
Day: September 21, 2022
A Hawkish 75?
The Fed on Wednesday delivered a third consecutive 75bps rate hike, escalating a historic and, outside the housing market anyway, so-far quixotic, war on the
Putin Escalates
Vladimir Putin appears poised to escalate the conflict in Ukraine. Following a string of embarrassing setbacks on the battlefield, and amid speculation the Kremlin intends
Mobilizing On Peace Day
Russian equities weren’t amused with a second day of war escalations from the Kremlin. Local shares extended losses Wednesday, after suffering a dramatic rout during
Existing Home Sales Fall Again. US Homeowners Seen ‘Locked In’
Existing home sales in the US came in slightly better than expected for August, while months’ supply was unchanged, data out Wednesday showed. The mostly
