Federal Reserve raises interest rates for seventh time this year

Name: Federal Reserve raises interest rates for seventh time this year
Uploaded: 2024-05-01T12:29:13+08:00
Description: Federal Reserve raises interest rates for seventh time this year

Category：hotcomm

2024-05-01

Category Latest News

Reading guide: Ukraine ignored Putin’s warning and used US-made artillery to hit the Russian mainland. Putin was angered, and the Russian army launched a fierce offensive and violently retaliated against the Ukrainian army. Ukraine paid a heavy price. - DayDayNews
According to the website of Russia Today TV, the Russian Ministry of Defense issued a war report on June 29 stating that the Russian army carried out a series of precision artillery strikes on multiple military targets in eastern Ukraine, killing more than 100 "Kraen Battalion" s - DayDayNews
As we enter July, we can feel that the West's threat to Russia is intensifying step by step. From seizing aircraft to blocking shipping to blocking enclaves, it can be said that it is eroding Russia's bottom line step by step. Nowadays, Ukraine is very likely to threaten Russia's - DayDayNews
On the afternoon of the 27th, the fighting was very fierce near the important town of Kherson in southern Ukraine. The Russian pontoon bridge troops were conducting bridge construction operations here. The Ukrainian Air Force Su-25 "Frogfoot" attack aircraft dispatched to attack - DayDayNews
The night before yesterday was calm because the U.S. stock market did not open, but last night, as the U.S. stock market returned, the financial market also began to experience significant turbulence. First, European stock markets fell sharply. The British and German stock market - DayDayNews
As of late trading in New York on July 5, the U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 1.30% to 106.5350, hitting a new high in nearly 20 years. - DayDayNews
If its own currency can be in a favorable position in the international currency market, then the country can take the initiative in important aspects such as foreign trade and finance. For example, the U.S. dollar is a good example. - DayDayNews
The U.S. dollar index reached an intraday high of 107.04. As shown in the chart below, it has now reached a new high since 2002. However, in 1984, the U.S. dollar index reached its highest level of 151. - DayDayNews
21st Century Business Herald reporter Ye Maisui reports from Guangzhou The market speculates that the Federal Reserve may continue to implement its hawkish style in July, and the "big stick" of raising interest rates beyond expectations has been raised high. On July 5, local time - DayDayNews
Previously, in order to curb the most serious high inflation in 40 years, the Federal Reserve raised the benchmark interest rate by 75 basis points in June, which was the largest single interest rate increase in 25 years. - DayDayNews

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