The S&P 500 sinks and sets new 2022 lows on fears that the Fed will not be able to engineer a soft landing and will push the U.S. economy into a recession with its aggressive hiking cycle.

from DailyFX – Market News https://bit.ly/3N68KjS
via IFTTT

The Fed hiked by 75 bps and this was followed by the Swiss National Bank hiking 50 and the BoE hiking by 25, and the Bank of Japan is on the clock for later tonight.

from DailyFX – Market News https://bit.ly/3N1aKJU
via IFTTT

The Bank of England raises interest rates by 25 basis points to 1.25%, the fifth consecutive hike aimed at cooling inflationary pressures in the economy and restoring price stability.

from DailyFX – Market News https://bit.ly/39stCEa
via IFTTT

Bank of England seen raising rates by 25bps, GBP remains at risk of a dovish hike given weaker growth outlook.

from DailyFX – Market News https://bit.ly/3QpOKvd
via IFTTT

Swiss Franc Soars as the SNB Delivers First Hike in 15 Years

from DailyFX – Market News https://bit.ly/3xU2Ai5
via IFTTT