US STOCKS-Wall Street falls on rate hike worries ...Middle East

U.S. main stock indexes slipped on Wednesday as comments from certain Federal Reserve officials exacerbated worries that the central bank will keep hiking interest rates this year. New York Federal Reserve President John Williams backed views of a peak rate of 5.00%-5.25%, higher than what markets expect, after Fed Chair Jerome Powell acknowledged on Tuesday that the battle against inflation will take quite a bit of time.

Hence then, the article about us stocks wall street falls on rate hike worries was published today ( Wednesday 08/02/2023 - 07:28 PM ) and is available on Devdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US STOCKS-Wall Street falls on rate hike worries )

Also on site :

• Vilnius Secures €168M to Build Smart, Climate-Ready Schools Using a First-of-Its-Kind City Financing Model
• Woke colleges are still wasting young American minds
• Clash of Champions: Highlights of the Australian Open Day 7