Trump backs Fed's Warsh following rate hike
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.
More in Finance & Markets
‘In our lane’: Fed’s Warsh defies Trump but still fighting for credibility
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.
‘In our lane’: Fed’s Warsh defies Trump but still fighting for credibility
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.
Prediction: A $5,000 Investment Split Between Micron and Sandisk Will Triple Before 2028
Key PointsThese memory-chip makers are expected to multiply their earnings again next year.
Bank of Japan set to raise interest rates to 31-year high
A hike to 1.25% would bring the BOJ’s policy rate to levels unseen since 1995
Bank of Japan raises interest rates to 31-year high
Board decided by a 7-2 vote to raise its policy rate to 1.25% from 1%
Bank of Japan raises rate to 31-year high of 1.25% as inflation risks mount
BOJ still lags global peers with its policy rate lower than that of the ECB and the US Fed