Did Jerome Powell just poke the
U.S. stocks took another body blow on Wednesday after the
Federal Reserve raised interest rates again and the central bank
chairman did not soften his tone about the outlook for further
financial tightening to the degree investors had hoped.
The U.S. Treasury and U.S.
Trade Representative's office signed a bilateral deal with the
United Kingdom to provide insurance market regulatory certainty
and continuity after the country exits the European Union, they
said in a statement on Wednesday.
The Australian corporate
regulator said on Thursday that it will seek harsher punishment,
including possible criminal sanctions, for stockbroking houses
that benefit unlawfully from IPOs or other capital raisings.
The United States imposed
fresh Russia-related sanctions on Wednesday, expanding a
blacklist of individuals allegedly involved in a Kremlin-backed
campaign to meddle with the 2016 U.S. presidential election,
among other misdeeds.