|
The futures market now sees at least one interest rate increase this year, as the Federal Reserve's new leader, Kevin Warsh, vows to fight inflation.
|
|
BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
|
|
Nine of 19 officials who participate in Fed policy meetings penciled in at least one interest rate increase by year end, up from zero in March. It was Kevin Warsh's first as Fed chair.
|
|
