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Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

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A resident buys food at a local market, in downtown San Francisco, California, US, July 13, 2022. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug. 22 (Reuters) – The US Federal Reserve is set to raise interest rates by 50 basis points in September amid expectations that inflation has …

Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show Read More »

Morning bid: China is calming down again, Jackson Hole looms

Morning bid: China is calming down again, Jackson Hole looms

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People pass an electronic screen displaying Japan’s Nikkei stock price index in a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Aug 22 (Reuters) – A look at Jamie McGeever’s day ahead in Asian markets Business and macro agendas in Asia are remarkably light …

Morning bid: China is calming down again, Jackson Hole looms Read More »