Canadian stock market started to move south due to the speculation
news about rate hike.
Not exact matches
Wall Street closed lower on Thursday, weighed down by
news about potential U.S. restrictions on Chinese telecommunications companies, and after the Federal Reserve reaffirmed outlook for more
rate hikes.
There's been a lot of chatter
about two dirty four letter words in the
news:
rate hike.
Increasing the federal funds
rate is typically done when the economy overall is growing steadily, and while that's good
news, a
rate hike causes concern
about how expensive it will become to fund some of life's major expenses.
If you've watched the
news or scrolled past financial headlines lately, you've probably noticed a lot of commotion
about when the «Fed» will
hike up the interest
rate next.