Global Stock Market

The Federal Reserve Bank Chair Jerome Powell said in his post-Fed meeting press conference that with inflation so far above the Fed’s 2.0% target, we can’t wait too long to get back to maximum employment. Key Remarks: “Inflation that we’ve got is not at all what we were looking for …

The Federal Reserve sent to the financial markets multiple indications on Wednesday immediately after concluding the two-day policymaking meeting. The US Federal Reserve announced on Wednesday that the FOMC had agreed to leave the Federal Funds target range unchanged at 0.0-0.25%, in line with expectations. Moreover, the pace of the …

The Federal Reserve said Wednesday that it will halt crisis-driven asset purchases early next year, setting the stage for three interest-rate hikes in 2022 to help counter the threat of persistently high inflation. The stock market, which was lower as investors braced for Fed meeting news, improved, with the Dow …

In an effort to contain price increases that hit a 39-year high last month, the Fed on Wednesday agreed to clear the way for earlier and faster interest rate hikes in 2022 by accelerating the phase-out of its bond-buying stimulus.The Fed’s policymaking committee left its benchmark rate near zero but …

Tech shares investors are not waiting around for Powell to tell what economist and traders already know: The Fed is about to get very serious about inflation. The remainder of the market is waiting and holding their breath.The Dow Jones Index is flat. The S&P 500 is down just 0.2%. …

The annual inflation rate in Canada remains at 4.7% in November. Analysts point out that inflation pressure continues to broaden; that combined with a stronger labour market will prompt a rate hike from the Bank of Canada during the second quarter of next year. Canada’s headline inflation rate was unchanged …

The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.The identification of the Omicron coronavirus variant last month has added a new level …

European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 percent to 471.84 points. Stock markets across Asia fell as weaker-than-expected …

The Japanese Nikkei index ended Wednesday’s session, December 15th, in cautious trading ahead of the US Federal Reserve’s decision, which is expected to be decisive on monetary policy, as it is expected to tend to reduce asset purchases at a faster pace. Investors expect the US Federal Open Market Committee …

European shares closed lower on Tuesday’s trading, impacted by resurfacing fears of the new coronavirus variant; Omicron.The negative news has made headlines since early morning trading Tuesday, with some 20 manufacturing centers closed in China’s Zhigang state due to the spread of the virus. Health authorities in the UK have …