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Fed chief hints at another rate hike. Oil may come under pressure in the coming weeks

Fed chief hints at another rate hike. Oil may come under pressure in the coming weeks
By JustMarkets At Friday’s close, the Dow Jones Index (US30) increased by 0.73% (-0.53% for the week), while the S&P 500 Index (US500) added 0.67% (+0.58% for the week). The NASDAQ Technology Index (US100) closed positive by 0.94% (+1.82% for the week) on Friday. Fed Chairman Jerome Powell said on Friday that policymakers are prepared to raise interest rates further if necessary but also […]... Read More
Posted: Aug 28 2023, 12:35
Author Name: investmacro
Views: 102196

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