Fed rate decision and cloud revenue growth caused market decline and Microsoft stock climb amid Middle East tensions.
1 report, 1 independent
Updated Jul 29
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What happened
Fed rate decision and cloud revenue growth caused market decline and Microsoft stock climb amid Middle East tensions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Middle East tensions and Fed policy drive global market volatilityAlso in this story
- KPMG economist Diane Swonk discusses inflation while the FED debates its next move amid Middle East supply issues.
- Fed rate hike expectations are influencing market sentiment, while the Middle East crisis hopes are driving rallies in Asian chip markets like Seoul and Jakarta.
- Geopolitical flare-ups stemming from the Iran conflict are causing market sell-offs and impacting global market stability, specifically affecting Nasdaq.
- Geopolitical events and conflict status in the Middle East are affecting market data reported by AAA and oil shipments through the region.
The entities involved
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Federal Open Market Committee
committee of the United States Federal Reserve
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Microsoft
American multinational technology corporation