Investors React to Fed Hike and Market Sell-Off: Brace for 'Higher for Longer' Rates
The 12-0 vote and a quarter-point increase reinforce expectations for more tightening, even as analysts say corporate fundamentals remain strong.
7 Articles
7 Articles
#Swalev's gold prices rose during Wednesday's dealings, despite the US Federal Reserve's decision to raise interest rates by 25 basis points, in a step to counter the persistence of inflationary pressures. The Fed raised the range of the target interest rate to 3.75%, in the first increase in interest rates in more than three years, while keeping the door open for further monetary tightening... this gold content recovers despite the Fed's raisin…
Fed hikes policy rate to 4% sending shocks to global marts
The Federal Reserve has raised its policy rate by 25 bps to 3.75%–4.00%, marking its first rate hike since July 2023. This unanimous decision sent shock waves across markets worldwide, with the Nairobi Securities Exchange witnessing the largest sell offs on record. More importantly, the Fed is not signalling that this is a one-off move, […]
Gold prices fell more than 1% on Wednesday after the US Federal Reserve raised interest rates.
The dollar strengthened against the euro.
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