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

Posted on AllSides September 23rd, 2022
From The Center
NYSE
ANALYSIS

Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could result in much higher interest rates and a recession.

The sell-off Friday was global, in a week where the Fed boosted rates by another three-quarters of a point and other central banks raised their own interest rates to combat global inflation trends.

Read full story
Some content from this outlet may be limited or behind a paywall.

CNBC

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
107934/84796
See full bias rating for CNBC
Learn about media bias
https://www.cnbc.com/2022/09/23/from-the-fed-to-europes-currency-crisis-heres-whats-behind-this-selloff-in-financial-markets.html

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right