Search result for Federal Open Market Committee
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...
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...