Federal Reserve

The Dow collapses by more than 700 points, fears the Fed hike, crushes the recession

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The Dow Jones continues to fall. It recently tumbled more than 700 points after revealing that retail sales numbers plummeted more than expected. As a result, investors fear that the US Federal Reserve (Fed) move to raise interest rates will drag the US economy into a recession. As of 22:05 Thai time, the Dow Jones … Read more

WTI Crude Oil Surges 2% Above $75 on CPI

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WTI crude futures rose more than 2% to $75 on a lower-than-expected Consumer Price Index (CPI) release. This will be one factor that will encourage the US Federal Reserve (Fed) to slow rate hikes. At 22:53 Thai time, contract for West Texas crude oil (WTI) for January delivery. which traded on the NYMEX plus $1.93, … Read more