US stocks fell sharply on Wednesday, with the S&P 500 plunging 1.9 percent.
Elsewhere, markets were mixed. The STOXX Europe 600 rose 0.1 percent and the Nikkei 225 rose 0.1 percent. However, the Shanghai Composite fell 1.0 percent.
Investors in the US were spooked after the minutes of the last Federal Reserve monetary policy meeting released on Wednesday showed that the central bank has discussed reducing its balance sheet shortly after it raises rates later this year.
“If the Fed starts shrinking the balance sheet that’s going to be disastrous,” said Infrastructure Capital Management CEO Jay Hatfield.
1 comment:
Excellent article! Thanks for sharing this once again. It really contains a lot of valuable information and useful insights about this niche. I went through the details and found several points quite interesting. It would be great if you could explain some of these areas in a little more depth. Really appreciate your effort. Keep sharing and keep up the great work!
AI Testing Tools to Boost Your Software Testing
Playwright Alternatives for Web App Testing
Factors That Impact the Cost of Food Delivery App Development
Benefits of Custom Healthcare Software Development
Free Cheaterbuster Alternatives that Provide Reliable Results!
Benefits of Dating App Development in 2026
Best CareCredit Alternatives for Medical Financing
Global Note Taking App
Quizlet Alternatives That You Should Definitely Try
How Much Does It Cost to Build an App Like LinkedIn?
Post a Comment