Economic policy | The Northside Sun

Home

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, Jan. 27, 2022. Asian stock markets tumbled by unusually wide margins Thursday after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation. (AP Photo/Kin Cheung)

AP
free content

Asian stocks slump after Fed says US rates will rise 'soon'
By JOE MCDONALD - AP Business Writer
Wed,01/26/22-1:12AM , 221 Reads
BEIJING (AP) — Asian stock markets tumbled by unusually wide margins Thursday after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation.

Market benchmarks in Tokyo and Hong Kong fell by more than 2%. Seoul and Sydney sank nearly 3%.
Click Here to Read More

Federal Reserve Board Chairman Jerome Powell listens during his re-nominations hearing before the Senate Banking, Housing and Urban Affairs Committee, Tuesday, Jan. 11, 2022, on Capitol Hill in Washington. (Brendan Smialowski/Pool via AP)

AP
premium content - for subscribers only
Click to subscribe

Fed plans to raise rates starting in March to cool inflation
By CHRISTOPHER RUGABER - AP Economics Writer
Tue,01/25/22-7:12PM , 227 Reads
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it will begin a series of interest-rate hikes in March, reversing pandemic-era policies that have fueled hiring and growth — and stock market gains
Click Here to Read More

A pedestrian passes the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. The stock market is losing crucial support from the Federal Reserve. Omicron is causing havoc at businesses around the world. And Russia just might be preparing to invade Ukraine, creating more uncertainty and raising the prospect of even higher oil prices. (AP Photo/John Minchillo, File)

AP
premium content - for subscribers only
Click to subscribe

Stock investors' nerves tested by inflation, omicron, Russia
By STAN CHOE AND PAUL WISEMAN - Associated Press
Tue,01/25/22-3:55PM , 276 Reads
NEW YORK (AP) — The stock market is losing crucial support from the Federal Reserve. Omicron is causing havoc at businesses around the world.
Click Here to Read More

A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Wednesday, Jan. 26, 2022. Asian shares were mixed in muted trading Wednesday as many stayed on the sidelines ahead of a U.S. Federal Reserve meeting that will indicate how aggressive it will be in fighting inflation. (AP Photo/Kin Cheung)

AP
premium content - for subscribers only
Click to subscribe

Asian shares mixed in narrow trading ahead of Fed meeting
By YURI KAGEYAMA - AP Business Writer
Tue,01/25/22-1:33AM , 219 Reads
TOKYO (AP) — Asian shares were mixed in muted trading Wednesday as many investors stayed on the sidelines ahead of a U.S. Federal Reserve meeting that will indicate how aggressive it will be in fighting inflation.
Click Here to Read More

Subscribe to Economic policy