The Latest Breaking News from US Federal Reserve

Australian shares drop to a two-month low, ahead of a US Federal Reserve meeting which is likely to result in another large interest rate hike, while Wall Street suffers another day of significant losses.

The world is facing the risk that major central banks will undertake competitive interest-rate hikes that may look desirable for their countries individually but could drag the world economy into an unnecessary recession.

The Fed succeeding in a ‘soft landing’ seems unlikely. Analysts are expecting a recession soon. So, with the rising odds of the Fed raising rates aggressively, it could be wise to steer clear of fundamentally weak stocks Roblox (RBLX) and Affirm Holdings (AFRM). Read on….

The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday as the Federal Reserve kicks off its two-day policy meeting, which is expected to feature another large rate hike.

With inflation far from Fed’s control, analysts predict the possibility of the central bank continuing its aggressive interest rate hikes. Amid the rising recession fears and continued market uncertainty, we think fundamentally weak stocks Twitter (TWTR), GameStop (GME), and Opendoor Technologies (OPEN) are best avoided now. Keep reading….

The Fed’s continued monetary policy tightening and consequent recession fears are expected to keep the stock market under pressure in the upcoming months. However, bullish traders could keep paying with fundamentally strong stocks The Coca-Cola Company (KO), AbbVie (ABBV), and Merck & Co. (MRK). Read more….

which means prices are going to pull back. If you are an end user, looking to finally enter the housing market now is a great time to buy a house 15%-20% cheaper than it would have been at the beginning of the year.”

Everyone is raving about blockchain technology due to its decentralized nature, wide application, and security. And companies working on this technology have thrived over the past several years. However, as macroeconomic concerns continue to affect the stock market, fundamentally weak blockchain stocks Block (SQ), Marathon Digital (MARA), and Riot Blockchain…

The U.S. Federal Open Market Committee starts a two-day monetary policy meeting on Tuesday. Ahead of it, Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk took to Twitter to comment on inflation and interest rates.

Inflation is a global problem. At the end of August, it was 8.3% in the US and 9.1% in the Euro area. It is 20.3% in Nigeria, 25% in Malawi, and over 30% in Ethiopia and Ghana.

With interest boosts expected in US and UK investors should not be denied fair share