US stocks markets ended lower on Wednesday as investors became uncertain of the next move from the Federal Reserve regarding interest rate hikes. The Fed had announced an increase in interest rates by 0.25% as expected. The unanimous decision lifted the US central bank's benchmark overnight interest rate to the 5.00%-5.25% range, the 10th consecutive increase since March 2022.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CiHBR8V
No comments:
Post a Comment