The Latest Breaking News from US Federal Reserve

Bitcoin’s (CRYPTO: BTC) all-time high (ATH) and growing popularity have changed its lack of correlation with equity markets. Amid the heavy debate, analysts have suggested an increasing connection between tech stocks and cryptocurrency prices. 

Investors wary as other central banks follow US Federal Reserve in raising borrowing costs

Stocks sank a day after the Federal Reserve delivered its biggest rate hike since 1994.

The stock market has witnessed severe volatility recently amid ongoing macroeconomic and geopolitical headwinds. Since grocery stocks possess inelastic demand for their products, they tend to perform relatively well during a market downturn. So, it could be wise to invest in fundamentally sound grocery stocks Natural Grocers (NGVC) and Ingles…

The stock markets pulled back yesterday after the Fed rate hike amid recessionary concerns. Considering the volatile market backdrop, investing in dividend-paying blue-chip stocks AT&T (T), LyondellBasell Industries N.V. (LYB), The Bank of Nova Scotia (BNS), International Business Machines Corp. (IBM), and Altria Group (MO) could be wise.

Shares of Comerica (CMA) have been slumping so far this year, despite multiple benchmark interest rate hikes. As the commercial bank’s spreads increase due to the monetary tightening policies, is CMA an ideal investment now? Let’s find out.

The Federal Reserve’s continued monetary policy tightening to tame the surging inflation has been making investors concerned about the economy slipping into a recession soon. As a result, tech stocks are witnessing massive sell-offs. However, growing demand, impressive breakthroughs, and rising corporate and government investments in the tech industry should…

EUR/USD managed to make a gain in May, after four consecutive months of declines, but thus far June has proven to be a bad month in terms of performance. After opening at 1.07322, the pair hit a low of 1.03593, to recently trade near 1.0452.

U.S. stocks traded lower toward the end of trading, after the Federal Reserve raised fed funds rates by 0.75% to a new target range of between 1.5% and 1.75% on Wednesday.