Monthly Archives: November 2022
U.S. Shares Tumble on Hawkish Fed Signals

Written on November 3, 2022 at 5:52 am, by 王建军
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
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