The Federal Reserve is going to stop throwing punches, but it's not about to cut interest rates even as signs of fragility in the financial sector emerge,...
The Federal Reserve is going to stop throwing punches, but it’s not about to cut interest rates even as signs of fragility in the financial sector emerge, says leading fund manager BlackRock.
The... The Federal Reserve is going to stop throwing punches, but it’s not about to cut interest rates even as signs of fragility in the financial sector emerge, says leading fund manager BlackRock. The European Central Bank hiked rates by a half point following the collapse at SVB Financial, and the Federal Reserve went through with a quarter-point increase, an move matched by the Bank of England. Even the Swiss National Bank made a half-point increase after rescuing Credit Suisse.
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