Find what's trending
FED IS EXPECTED TO RAISE RATES Officials of the US Federal Reserve have evaluated that an increase in interest rates would be appropriate until inflation gets to lower levels significantly, according to the minutes published on Wednesday of its last meeting. “The inflation remaining well above the committee’s objective, the participants judged that going to […]
According to Steve Liesman, 75 basis point hike is expected and it is welcomed by Fed policymakers. The yield on the 10-year treasury bonds went up by 3.37% while the 2-year yield increased by 3.34%. It alarms the Fed increase rate aggressively. The Fed’s decision will be closely watched by financial markets around the world. […]
It is very difficult to run away from the destruction of inflation. The US government reported on Friday that the Consumer price index got speed in May and went up at a 12.3% annual rate. Due to this increase costs of necessities becoming alarming and unaffordable. The seed of inflation has been implanted in the […]