W

The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.

Business Management
Share
The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.

Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007.

The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.


Source:MarketWatch

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Has the tech bubble burst? Why the Nasdaq’s rough ride looks eerily like 2000.

Friday’s big plunge raises disturbing parallels with the top of the dotcom bubble Source:MarketWatch

This cybersecurity stock will be the next to join the S&P 500

Okta is slated to join the index on Wednesday, replacing Kenvue. Source:MarketWatch

Binance hackers raced to move billions before it could be frozen

Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…

Why gold plunged to its lowest price in a year despite renewed Iran jitters

Safehaven gold fell to its lowest price in a year, despite jitters around the potential for fresh Middle East attacks following the U.S. midterm elections on…

Source:https://www.marketwatch.com/story/the-fed-hasnt-been-this-terse-since-2007-what-a-130-word-statement-signals-for-market-stability-0fd31292