Indicators on the American Stock Exchange decreased during trading on Thursday as a result of the US Federal Reserve’s decision to boost interest rates in an effort to combat inflation.
The Dow Jones index dropped by 0. 71% to 31919. 79 points by 16:40 Moscow time, while the NASDAC index dropped by 1. 10% to 10409. 10 points and the larger “Standard & Poor’s 500” index dropped by 2. 5% to 3759. 69 points.
The decrease followed the US Federal Reserve’s decision to increase the main interest rate by 75 basis points yesterday, on Wednesday, in order to rein in the usual inflation rates.
As the US inflation rate last September hit 8.2%, the US Central is attempting to combat the greatest inflation surge in 40 years.
Author: RT.
Following the American Federal ruling, the Wall Street Stock Exchange in the Red Zone
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