Straits Times Index
3,239.03 +26.39 (+0.82%) S&P 500
3,970.99 +22.27 (+0.56%) Dow
32,237.53 +132.33 (+0.41%) Nasdaq
11,823.96 +36.56 (+0.31%) Bitcoin USD
27,934.12 +241.75 (+0.87%) CMC Crypto 200
607.64 -10.75 (-1.74%)
SPXL Jan 2024 174.000 call
| Previous close | 1.5800 |
| Open | N/A |
| Bid | 0.3500 |
| Ask | 1.2000 |
| Strike | 174.00 |
| Expiry date | 2024-01-19 |
| Day's range | 1.5800 - 1.5800 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Investing.com
Powell Talks a Hawkish Game, but Will Be Wary of Another Policy Mistake
By Yasin Ebrahim
- Investing.com
Fed Lifts Rates by 0.75%; Powell Leans Hawkish in Speech
The Federal Reserve raised interest rates by three-quarters of a percentage point Wednesday for the fourth time in a row, and the central bank hinted at a higher bar for future monetary policy tightening, though pushed back against the idea of a pause. The Federal Open Market Committee raised its benchmark rate to a range of 3.75% to 4% from 3% to 3.25% previously. In a sign that the Fed is growing wary of the impact that tighter financial conditions are having on the economy, the central bank said that the "committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments," in determining the future pace of rate hikes.
