Fed chairman talks tough on inflation — plus, what’s behind Micron’s big rally

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The Federal Reserve kept its benchmark interest rate in a range of 3.75% to 4%, despite two members favoring an increase. Chair Kevin Warsh reiterated that 2% remains the inflation target, while the probability of a December rate hike stayed above 80%. SK Hynix shares surged more than 12.5% after reporting soaring quarterly revenue and operating profit, while Micron gained nearly 6% and is up 240% year to date. Apple also introduced its first touchscreen MacBook Pro laptops, starting at $2,899, during a busy evening for corporate earnings and economic data.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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