Federal Reserve expected to hike interest rates in October as inflation fight intensifies
4 Articles
4 Articles
A federal official cautions against continuing American inflation above target levels, even with the exception of energy, as price pressures expand and the power of the economy, in favour of raising interest for the first time in three years.
Concerns about high interest rates have grown in the stock market as the U.S. Federal Reserve (Fed), the central bank of the United States, moved to raise the benchmark interest rate for the first time in three years and two months.
Author: Trawut Leungsomboon, CEO, Jitta Wealth. What will happen to the investment world when the Fed reverses course and starts "raising interest rates" again after a hiatus of more than 3 years, and signals continued tightening of inflation? For investors worldwide, changes in US interest rates and Treasury... Read the original news: 'Inflation surges - interest rates rise': How to adjust your portfolio to avoid losing money.
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