US STOCKS-S&P 500 hits record high with Boost from Netflix and Chipmaker Stocks
The Standard and Poor's 500 ur S&P 500, is a stock market index comprising the 500 largest companies listed on US stock exchanges.
Federal Reserve leaves interest rate unchanged
The Federal Reserve kept the interest rate steady at 5.25%-5.50%, the highest in the last 22 years.
Simultaneously, the Fed revealed intentions to reduce the interest rate by 0.75 percentage points in the upcoming year.
The central bank foresees a drop in inflation to 2.4% in 2024, adjusted from the September forecast of 2.5%, and a further decrease to 2.2% by 2025.
U.S. Federal Reserve leaves interest rates unchanged
The Federal Reserve held interest rates steady at a 22-year high at 5.25%-5.5%.
ECB raises rates to record high
ECB signalled that the hike, its 10th in a 14-month-long fight against inflation, was likely to be its last.
This page was last updated 14.12.2023 00:46
