Search result for Federal Open Market Committee
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The Fed has approved the smallest rate raise since March, in response to an improved inflation outlook.
The Federal Reserve unanimously authorized a quarter-point interest rate hike on Wednesday, reducing the pace of its increases in a clear hint that the central bank is making progress in its war against inflation. The decision, made at the conclusion of the Federal Open Market Committee's fir...
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S. KOREAN STOCKS END LOW; FOREIGN INVESTORS OFFLOAD LOCAL STOCKS
Highlights –
- S. Korean stocks end low; foreign investors offload local stocks.
- The stocks dipped 1% on Wednesday trading.
- Korea Composite Stock Price Index (KOSPI) fell 33.95 points, or 1.06 percent.
- Samsung Electronics sto...