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Interest Rates Might Increase Further

Benzinga

1 Views • Sep 21, 2022

Description

Stock futures dropped on Tuesday as Wall Street anticipates another interest rate hike. Fed Chair Jerome Powell has hinted at increasing the interest rate in recent weeks, and August saw an increase in the consumer price index. The Federal Open Markets Committee opens its September Meeting on Tuesday; central bankers are expected to announce a 0.75% interest hike on Wednesday.

Keywords & Tags

#inflation #Consumer Price Index #CPI #business #economic recovery #FED #Jerome Powell #economic growth #Wall Street #economic outlook #interest rate hike #Fed Chair #interest rate #rate hike #stock futures #Federal Open Markets Committee #interest hike #consumer goods and services #households #central bankers

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