Here's what 9 Wall Street gurus think about the Fed's rate hike
Advertisement
Thomson Reuters
Advertisement
The rate hike is seen as a vote of confidence in the US economy, which has witnessed increasing inflation and job growth.
All of the members of the Federal Open Market Committee except for the Minneapolis Fed governor, Neel Kashkari, voted in favor of a rate hike.
Here's a roundup of reactions from Wall Street firms following Wednesday's decision.
This is an opinion column. The thoughts expressed are those of the author.
Advertisement
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- 10 Best things to do in India for tourists
- 19,000 school job losers likely to be eligible recruits: Bengal SSC
- Groww receives SEBI approval to launch Nifty non-cyclical consumer index fund
- Retired director of MNC loses ₹25 crore to cyber fraudsters who posed as cops, CBI officers
- Hyundai plans to scale up production capacity, introduce more EVs in India