The Fed announced this day that it will raise the rate by 0.25 points, to 0.5%, and projected that there will be between five and six more adjustments in 2022. Likewise, the United States monetary authority will reduce its holding of assets, which multiplied by 2.15 in the last 2 years.
This news does not favor equities and riskier assets. Even so, investors in New York had already partially discounted these increases and at the same time they look with hope at the decrease in the tension of the armed conflict.
Ukrainian President Volodymyr Zelensky said negotiations were becoming “more realistic”, while Russian Foreign Minister Sergey Lavrov said there was “some hope of compromise”.
Confidence was also lifted by China’s promise to deliver more stimulus to the economy and keep markets stable, fueling a rally in US-listed Chinese stocks.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
