The Fed raised the interest rate by 50bp for the first time since 2000 and said there will be more 50bp hikes in the coming meetings. And the major US indices rallied as the Fed played down the possibility of a 75bp hike. That’s the magic of expectations. The reduction of the Fed balance sheet […]
The post Not OPEC’s Problem appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. As the weather warms up and the summer months approach, now Read more…
Everyone has a preferred fast-food burger chain order, but for many on the West Coast, it consists of a double-stacked cheeseburger and fries drenched in a secret sauce and topped with grilled, finely chopped onions. Read more…
When inflation spiked in 2022, prices skyrocketed and have yet to come down three years later. The added cost of necessities like housing, groceries, and clothing has put a financial strain on many U.S. households, Read more…