Tag Archives: NFP
U.S. Shares Tumble on Hawkish Fed Signals
![](https://th.puprime.com/pugfiles/2022/11/im-657388-1.webp)
On Wednesday, 2 November, the US Federal Reserve implemented its fourth mega hike, raising interest rates by 75 basis points, or 0.75%, in its continuing fight against high inflation. This brings the current Fed’s benchmark rate to 3.75% – 4%, with rates expected to hit a ceiling at 4.5% – 4.75% in 2023 according toContinue Reading