Trump backs Fed's Warsh following rate hike
Stocks rallied Thursday as markets digested the US Federal Reserve’s decision to hike interest rates.
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Stocks rallied Thursday as markets digested the US Federal Reserve’s decision to hike interest rates.
We haven't written up this one. Semafor has the full story — the link below goes straight to it.
The Fed on Wednesday raised US rates by 25 basis points to between 3.75% and 4%, with policymakers signalling at least one more rate hike before year-end.
The Fed on Wednesday raised US rates by 25 basis points to between 3.75% and 4%, with policymakers signalling at least one more rate hike before year-end.
Key PointsThese memory-chip makers are expected to multiply their earnings again next year.
A hike to 1.25% would bring the BOJ’s policy rate to levels unseen since 1995
Tesla is placing big bets on the future that are pressuring free cash flow. The good news is that the company has a sizable cash pile.
Intel's warning that the memory shortage could worsen next year reminded investors why Micron's pricing power has been so extraordinary.