Tuesday, May 3, 2022

US Fed traders seek an answer to the 75-basis-point question

US Fed traders seek an answer to the 75-basis-point question The US central bank is expected to raise rates by 50 basis points at this meeting, something it hasn̢۪t done since May 2000. But there might still be room for even more hawkishness, depending on how Powell navigates his upcoming press conference

from Moneycontrol Market Outlook https://ift.tt/04eu9zs

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Global Market Today: Asian shares surge, oil skids on Gulf deal

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. ...