The Latest Breaking News from US Federal Reserve

Foreigners resumed selling in Asian equities ex-China stocks in September - including $653 million's worth from Thailand - as investors were deterred by US interest rate hikes, a firmer greenback and a weaker regional growth outlook.

Asian shares are higher, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes

Even though a crisis is unlikely because of differences between the external situation then and now, India could still remain vulnerable on many counts

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

Investors have gotten a bit more bearish in recent days after the SPDR S&P 500 ETF Trust (NYSE: SPY) hit new 2022 lows last week, but the latest data on Wall Street analyst sentiment suggests the sell-side may not be quite bearish enough for the market to hit bottom.

CEO Ulrich Koerner moved to calm fears by saying the banking giant has a “strong capital base and liquidity position”

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

The Fed’s aggressive monetary policy stance has significantly weighed on investors’ sentiment this year. With the Fed hinting at further rate hikes in the upcoming months, the odds of a recession have increased. Given this backdrop, we think it could be wise to avoid the most active stocks on Wall…

Australian shares have fallen on Monday, as investors fretted that aggressive interest rate hikes to bring down red-hot inflation would tip the global economy into recession.