Central Bank Hawkishness Weighs on World Markets

A hawkish month for central bankers has wrapped up this morning with the Bank of England announcing a larger than expected interest rate increase of 0.50% to 5.00%, and the Swiss National Bank raising its benchmark rate by 0.25% to

Stocks Keep Climbing As Taper Talk Continues

Building on yesterday’s gains of 1.0% for the three main US indices, US index futures are all up about 0.6% as investors continue to respond favorably to yesterday’s news from the Fed. The US central bank delivered an upbeat assessment