Global Markets in Slow Motion: Fallout from Fed Chair's Statement on US Market Mood
Zee Business Video Team | Updated: November 10, 2023 10:54 AM IST
Sluggish action in #GlobalMarkets...Fed Chairman's statement spoiled the mood of the US market...Fed Chairman Jerome Powell's statement - It is necessary to take more steps to bring inflation down to 2%...If necessary, interest rate hike Further increase possible... 10 year bond yield increased to 4.65%... 15% experts predicted increase in interest rates in December... Before the statement, 10% experts were predicting increase in rates.
