FOMC
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Federal Reserve Hike in Interest Rates Causes Intraday Volatility in US Stocks
According to reports, the Federal Reserve announced a 25 basis point hike in interest rates, causing intraday volatility in US stocks. The late afternoon plunge led to a collective
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Understanding Federal Reserve Chairman Powell’s Statement on Credit Crunch and Interest Rates
According to reports, Federal Reserve Chairman Powell said, \”We are trying to assess some recent events. The credit crunch may mean that work on interest rate policy can be reduced
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FOMC Voting Committee Chairman Balkin Undecided on Interest Rate Increase
According to reports, on March 11, Balkin, chairman of the FOMC Voting Committee and Richmond Fed in 2024, said in an interview on Friday that he had not made …