Stocks retreat as Fed officials fan rate hike fears

  • 📰 eNCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Stock markets retreated Friday as a string of top Federal Reserve officials pressed their cases for fighting inflation, raising concerns the bank will embark on an aggressive campaign that could see four interest rate hikes this year

London's losses were capped and the British pound climbed as official data showed the UK economy recovered to above its pre-pandemic level in November.

She added, however, that"the next UK economic data readings are likely to lay bare the pressures from Omicron". Data showing US inflation appeared to be stabilising added to the positivity and tempered fears about the end of the ultra-loose monetary policies, which have been key to a near two-year markets rally and global economic rebound.Lael Brainard, in her Senate hearing to become Powell's deputy, said rates could rise as early as March, a move supported by Fed Bank of Philadelphia chief Patrick Harker, who also raised the possibility of another three before the end of the year.

Minutes from the bank's December policy meeting showed officials were keen to act quickly to tame prices, and speed up the taper of its massive bond-buying programme, then begin offloading its Treasury holdings -- measures that have been used to keep rates at all-time lows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I want to share this because i want others to benefit from this opportunity that samantha_mining gave to me, i made R362,853 profit. I strongly recommend this trader to those who look for a stable system.

I'm sharing this because this was exactly how I saw so many posts about Alfred Wakeford and how he’s helping individuals with their BITCOIN or Forex trades and I decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 Alfrednwake

I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to LeticiaThomas90 on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her LeticiaThomas90

Couple of months ago I came across a recommendation about Evelynclark777 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE falls as Fed comments result in sell-off in tech stocksLocal bourse followed its global peers weaker on Friday with technology stocks, seen as most sensitive to higher interest rates, hit the most Words alone can't express how thankful I’m. I thank God my friend recommended you to me. TarellaCampbel investing with you has been a good opportunity for me and my family I just received my profit within seven days of investments.
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE falls as Fed comments result in tech stocks sell-offOne official says three interest-rate increases in 2022 year is a ‘good baseline’ I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to LeticiaThomas90 on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her LeticiaThomas90 To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW
Source: BDliveSA - 🏆 12. / 63 Read more »

Hot stocks 2022: what to buy nowThe JSE paid out handsomely in 2021 for punters who were in the right sector at the right time. It’s early days yet, but the market looks trickier to predict in 2022, writes MarcHasenfuss. MarcHasenfuss I want to share this because i want others to benefit from this opportunity that Dpurplewomanfx gave to me i made R40,750 profit today. I strongly recommend this trader to those who look for a stable system Dpurplewomanfx MarcHasenfuss I'm sharing this because this was exactly how i saw so many posts about Stephanie Obrien and how he was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via her profile link below 👇👇 Stephanie_fx_tr
Source: FinancialMail - 🏆 20. / 63 Read more »

Nasdaq hammered as US stocks resume sell-offWall Street stocks were back under pressure after two up sessions, with tech shares diving on expectations for higher interest rates.
Source: eNCA - 🏆 49. / 51 Read more »

Hot stocks 2022: what to buy nowThe JSE paid out handsomely in 2021 for punters who were in the right sector at the right time. It’s early days yet, but the market looks trickier to predict in 2022, writes MarcHasenfuss. MarcHasenfuss KgosiPitse
Source: FinancialMail - 🏆 20. / 63 Read more »

Asian shares fall on US rate hike fearsMarkets brace for tighter monetary conditions as Fed officials signal rates will rise in March to combat inflation Words alone can't express how thankful I’m. I thank God my friend recommended you to me. TarellaCampbel investing with you has been a good opportunity for me and my family I just received my profit within seven days of investments. I was referred to this platform by a friend online. I thought it was a scam company ... but I was moved to try and here I earned ... I just want to thank you_also get contact with William_Eddiy he is a good person,🙏🏻🙏🏻.
Source: BDliveSA - 🏆 12. / 63 Read more »