In September the Fed raised interest rates by 0.75 percentage points for the third consecutive time.
CNBC's Jim Cramer on Tuesday said that recent economic data shows the Federal Reserve could start taking a softer approach to inflation.
"This rampant inflation may not be as malignant as the hawks seem to believe, and that means the Fed might ratchet down the next" interest rate increase, he said. CNBC's Jim Cramer on Tuesday said that recent economic data shows the Federal Reserve could start taking a softer approach to inflation. "This rampant inflation may not be as malignant as the hawks seem to believe, and that means the Fed might ratchet down the next" interest rate increase, he said.
In September the Fed interest rates by 0.75 percentage points for the third consecutive time and indicated it would continue to do whatever it takes to tamp down inflation.Download NBC 5 Dallas-Fort Worth
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Global economy will 'crumble' if Fed doesn't stop hiking interest rates, billionaire investor Sternlicht saysBillionaire Barry Sternlicht, the chief executive officer and chairman of Starwood Capital Group, has jumped aboard the bandwagon of people calling on the...
Lire la suite »
Crypto in Green as Foreign Pressure on Fed to Stop Rate Hikes Mounts (Market Watch)The crypto markets seem to be agreeing with the UN's recommendation to the US Fed.
Lire la suite »
Stock Market Today: Dow Rides Hopes for 'Fed Pivot' to Close Higher By Investing.comStock Market Today: Dow Rides Hopes for 'Fed Pivot' to Close Higher -
Lire la suite »
Top Fed Official Warns of More Persistent Price PressuresDespite some signs of easing inflation, underlying price pressures have too much momentum and will likely require a period of higher interest rates, a top Federal Reserve official said Monday.
Lire la suite »
U.S. stock futures start fourth quarter on cautious note as Fed tightening angst lingersS&P 500 has lost ground in first three quarters of the year amid worries that high inflation and rising borrowing costs will damage the economy and hit profits
Lire la suite »