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The Fed Published: May 3, 2023 at 7:13 p.m. ET Fed Chairman Jerome Powell delivers remarks at a news conference on Wednesday. Getty Images The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points, to a range of 5%-5.25%, close to the peak seen just before the Great Recession in 2008.
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The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points, to a range of 5%-5.25%, close to the peak seen just before the Great Recession in 2008.
Beyond that headline, here are key takeaways from Powell’s press conference:
The new forward guidance from the Fed means the central bank is…
NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023. Credit: Piedmont Piedmont Lithium (Nasdaq: PLL; ASX: PLL) announced...
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and...
Over 90% of cybercrime activities that lead to financial fraud or identity theft start with an email impersonation, commonly known as phishing and spoofing....
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled...
