From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in financial markets

Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar rose on Friday as investors responded to the Federal Reserve’s signal that its battle with inflation could lead to higher interest rates and a recession. Friday’s selloff was global, in a … Read more

White House hosts local officials, touts impact of policies | Health, medicine and fitness

By Josh Bock – The Associated Press Washington (AFP) – The White House is making a new effort to show local governments what it can do for their communities, and is hosting North Carolina officials to highlight funding opportunities and hear firsthand how to do it. Relief from Corona VirusAnd the Infrastructure dollars Other policies … Read more

Federal Reserve hike, Bank of Japan, interest rates, currencies

Oil prices rise after Fed raises rates, demand concerns remain Oil prices rose after the third consecutive rate hike by the Federal Reserve. Reuters also I mentioned Chinese refineries They expect the country to release up to 15 million tons of oil product export quotas for the rest of the year, citing people familiar with … Read more