US STOCKS-Futures slip after Fed minutes signal more rate hikes

[NewsFeeder]

US STOCKS-Futures slip after Fed minutes signal more rate hikes

U.S. stock futures fell on Thursday after the Federal Reserve's minutes showed policy makers broadly agreed on the need to raise interest rates further, fanning concerns that triggered a brutal selloff last week. The Fed's view, detailed in the minutes of its September meeting released on Wednesday, bolsters expectations of a fourth interest rate increase in December and chances of further hikes next year, despite President Donald Trump's sharp criticism.

https://finance.yahoo.com/news/us-stocks-futures-slip-fed-113626240.html?.tsrc=rss

 

[RealMoneyIssues]

US STOCKS-Futures slip after Fed minutes signal more rate hikes

U.S. stock futures fell on Thursday after the Federal Reserve's minutes showed policy makers broadly agreed on the need to raise interest rates further, fanning concerns that triggered a brutal selloff last week. The Fed's view, detailed in the minutes of its September meeting released on Wednesday, bolsters expectations of a fourth interest rate increase in December and chances of further hikes next year, despite President Donald Trump's sharp criticism.

https://finance.yahoo.com/news/us-stocks-futures-slip-fed-113626240.html?.tsrc=rss

Complete Bunk...

The reason is because all the big wigs got together and decided to short the marked yesterday, then start a sell off today to take advantage of panic selling; thereby transferring more wealth from the poor to the rich. No, I am not bitter...

If it was actually about the rate hikes, it would have started down at 2:01pm EST yesterday... who writes this cr@p?