In response to Russia's inability to supply Europe with gas, European policymakers are revisiting the possibility of nuclear power to meet their energy needs. This summer, EU lawmakers voted to adopt nuclear energy as a clean and green energy source. In February 2022, France announced...
Stocks ticked slightly higher as investors awaited results from the two-day Fed policy meeting, which concludes today. Markets seem to have priced in a third consecutive 75 basis point rate hike. However, uncertainty remains over the central bank’s longer-term projections.
“Our sense...
Stocks sank in early trading as investors awaited results from the central bank’s two-day policy meeting, kicking off today. Fed policymakers are expected to raise rates by 0.75%. Stocks have fallen recently after Hawkish comments from Fed Chair Powell and an unexpectedly hot CPI reading.
Stocks sank in early trading, adding to last week’s losses, as investors anticipated results from the Federal Reserve’s two-day policy meeting, which will begin Tuesday. The central bank is widely expected to raise its benchmark rate by another 75 basis points. Concerns are growing on...
Stocks fell to their most profound weekly declines since June last week as a hot Consumer Price Index inflation reading solidified expectations of ultra-aggressive monetary tightening by the Fed. Tuesday’s CPI release showed that critical drivers of inflation aren’t settling down, despite a decline in August’s...