Yahoo Finance published this video item, entitled “How the Fed rate hikes are driving the market: Strategist” – below is their description.
#Fed #Rate
Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer joins Yahoo Finance Live’s Julie Hyman and Brian Sozzi to discuss market expectations amid Fed rate hikes, inflation, added sanctions on Russia, rising bond yields, growth moderation, and the outlook for investors.
Yahoo Finance YouTube Channel
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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.