Money Talks

Fed hikes benchmark interest rate by 50 basis points

The US Federal Reserve has raised its benchmark interest rate by half a percentage point. That's the biggest increase in more than two decades, as the American central bank tries to tame historic consumer price increases in the world's largest economy. That's not all. The Fed says it's also shrinking its balance sheet starting next month. It's selling government debt and mortgage-backed securities that it bought up during the pandemic. We spoke with David Madden, market analyst at Equiti Capital in London. He says US Federal Reserve is avoiding an overly hawkish stance to ensure a soft landing. #FederalReserve #InterestRates #Inflation

Money Talks: US Federal Reserve hikes interest rate by 0.25%

Money Talks: US Federal Reserve hikes interest rate by 0.25%

US Fed cuts interest rate by 25 basis points | Money Talks

US Fed cuts interest rate by 25 basis points | Money Talks

Fed to raise rates despite market volatility | Money Talks

Fed to raise rates despite market volatility | Money Talks

Federal Reserve keeps benchmark rate steady

Federal Reserve keeps benchmark rate steady

OPEC+ has fallen 562M barrels short of promised crude output since 2020

OPEC+ has fallen 562M barrels short of promised crude output since 2020

Oil extends gains as major producers flag capacity limits

Oil extends gains as major producers flag capacity limits

Russia defaults on foreign debt for the first time since 1917

Russia defaults on foreign debt for the first time since 1917

Eco-conscious tourists drawn to glamorous camping

Eco-conscious tourists drawn to glamorous camping

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Sri Lanka struggling with shortages of food, fuel and medicine

Sri Lanka struggling with shortages of food, fuel and medicine

EU steps up efforts to cut dependence on Russian energy

EU steps up efforts to cut dependence on Russian energy

Layoffs and hiring freezes prevail among big tech giants

Layoffs and hiring freezes prevail among big tech giants

Worst drought in 70 years threatens Northern Italy's food, power

Worst drought in 70 years threatens Northern Italy's food, power

Chinese president promises more stimulus as GDP growth slows

Chinese president promises more stimulus as GDP growth slows

Sri Lanka introduces lockdown to save fuels

Sri Lanka introduces lockdown to save fuels

White House calling on oil firms to raise output to boost supply

White House calling on oil firms to raise output to boost supply

Show More