The Fed may hold its next interest rate hike, following a current plunge in oil market that affectsthe stock market. This will give market a breather.
James Bullard
Breaking News
The pound fell without precedent for the first time in four days against the dollar amid speculation Federal Reserve authorities speaking Thursday will set the stage for a U.S Interest-rate increment in December.
The S&P 500 on Thursday posted its largest percentage decline in six months on concerns about the strength of the global economy and its effect on corporate earnings.
Federal Reserve officials on Tuesday offered their support to the nation's community banks, acknowledging that the complex financial reform effort is saddling small lenders with a heavy supervision load.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Alaska Airlines Passenger Loses Pet Dog During Loading Due to Airline Misstep