Fed Unanimously Raises Interest Rates by 25 Basis Points, Turkish Stock Market Triggers Circuit Breaker
Source:
flash.jin10.com
The Federal Reserve unanimously approved a 25-basis-point interest rate hike at its September FOMC meeting, with the dot plot shifting upward significantly to indicate that another rate increase may occur this year. Following this, U.S. Treasury yields climbed notably, the dollar index broke through the 100 level, and Turkey's stock market fell 6% intraday, triggering circuit breakers.