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Published 1 year ago

European stocks rise on hint of slower Fed interest rate increases

Summary by Ground News
The dollar tumbled to a three-month low versus the yen as traders focused on comments by Federal Reserve Chair Jerome Powell. The greenback last stood down 0.98% at 136.755 yen, having plunged as much as 1.2% earlier to 136.50. The dollar-yen pair is extremely sensitive to changes in long-term US yields.

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RTÉRTÉ

US signals shift to slower interest rate increases

The dollar tumbled to a three-month low versus the yen as traders focused on comments by Federal Reserve Chair Jerome Powell that interest rate hikes could be scaled back "as soon as December."

1 year ago·Ireland
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Financial TimesFinancial Times

European stocks rise on hint of slower Fed interest rate increases

European stocks and US futures rose on Thursday after Federal Reserve chair Jay Powell dropped a strong hint that the central bank will slow the pace of

1 year ago·London, United Kingdom
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MyChesCoMyChesCo

IRS Announces Interest Rate Increase

WASHINGTON, D.C. — The Internal Revenue Service this week announced that interest rates will increase for the calendar quarter beginning January 1, 2023. For individuals, the rate for overpayments and …

1 year ago
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