Financial markets
The Federal Reserve is bracing for its fourth interest rate hike in four months, but the central bank's plan to contain inflation is being disrupted by turbulent markets, economists warn. A spectacular rise in long-term interest rates on Friday and a sagging dollar in international trading have raised
Bonds (Securities)
Australian top corporations and financial institutions are optimistic about short-term economic growth, despite market fears about inflation and rising interest rates. According to a survey of 83 of Australia's largest corporations by market capitalisation, corporate treasurers, economists, and chief executives expressed confidence that economic growth would not increase
Interest rates
The Federal Reserve's decision to raise interest rates, announced amidst a backdrop of heightened global market activity, marks a significant departure from the central bank's traditional approach to monetary policy. Historically, the Fed has preferred to operate behind the scenes, hinting at policy decisions through subtle
Interest rates
A sudden meeting between US President Bill Clinton and Federal Reserve Chairman Alan Greenspan has heightened speculation that the US central bank will raise short-term interest rates when it meets tomorrow. The meeting, which occurred on Friday, marks a final effort by Clinton to persuade Greenspan against a rate hike,
