Savers and investors around the world are hoping that inflation will soon peak.
(Photo: Reuters)
New York, Frankfurt The US Federal Reserve (Fed) has triggered a rollercoaster on the stock market with the largest jump in interest rates in 22 years against skyrocketing inflation. After a significant price increase on Wednesday, the mood changed again on Thursday. Prices collapse, the most important indices record significant losses.
The high US inflation of 8.5 percent recently and the fear of an even tighter monetary policy has kept the markets in suspense for weeks, pushing bond yields up and, in turn, interest-bearing paper and stock prices down. Investors are now concerned with two questions: will inflation soon peak? And will the Fed manage to avoid a recession?
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue