Investors react to US Fed meeting with concerns over inflation and interest rate hikes

From CNBC TV18: 2024-06-13 07:05:50

Investors are awaiting the outcome of the US Federal Reserve meeting, as Chairman Jerome Powell hints at interest rate hikes. Markets responded with volatility, with Asian stocks falling and US bond yields rising. The possibility of inflation and a strong job market have raised concerns about tightening monetary policy.



Read more at CNBC TV18: US Fed Meeting Impact LIVE: How every market reacted to a hawkish Powell – CNBCTV18