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Sensex crashes by over 800 points after US Fed hikes rates

US Federal Reserve's hiked rates and a tighter monetary policy across central banks across the world hinted to investors for the sell-off.

The latest slump reversed the positive sentiments in the domestic market that continued for two months.(ANI)
The latest slump reversed the positive sentiments in the domestic market that continued for two months.(ANI)
Published on Sep 26, 2022 12:29 PM IST
ANI | | Posted by Nisha Anand

He Predicted the 2008 Crash; ‘Dr. Doom’ Now Expects a ‘Long, Ugly’ Recession

Economist Nouriel Roubini sees a “long and ugly” recession in the US and globally occurring at the end of 2022 that could last all of 2023 and a sharp correction in the S&P 500.

Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. (AP Photo/Ahn Young-joon)
Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. (AP Photo/Ahn Young-joon)
Published on Sep 23, 2022 06:47 PM IST
Bloomberg |

Fed attacks inflation with another big hike and expects more

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Fed officials have said they’re seeking a “soft landing,” by which they would manage to slow growth enough to tame inflation but not so much as to trigger a recession.(REUTERS)
Fed officials have said they’re seeking a “soft landing,” by which they would manage to slow growth enough to tame inflation but not so much as to trigger a recession.(REUTERS)
Published on Sep 21, 2022 11:41 PM IST
AP |

Indian shares fall over 2% as US Fed stokes fear of rate hikes

Fed Chair Jerome Powell's promise of policy "pain" to contain inflation quashed hopes that the central bank would soften its rate hike stance to prevent an economic slowdown.

Stock markets initial reaction on a monitor as Jerome Powell, chairman of the US Federal Reserve, speaks at the Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday.(Bloomberg)
Stock markets initial reaction on a monitor as Jerome Powell, chairman of the US Federal Reserve, speaks at the Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday.(Bloomberg)
Published on Aug 29, 2022 10:38 AM IST
Reuters |

Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off

Cryptocurrencies suffered a sharp selloff as global markets retreated after US Federal Reserve officials reiterated their resolve to keep raising interest rates until inflation is contained.

Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off
Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off
Published on Aug 19, 2022 06:07 PM IST
Bloomberg |
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