Powell

Wall St week ahead: US summer stock rally in jeopardy as September looms

Wall St week ahead: US summer stock rally in jeopardy as September looms – Mail Bonus

ADVERTISEMENT NEW YORK: The S&P 500’s 10.7% gain from a June low is stumbling as it enters what has historically been the toughest month for the US stock market, enervating some fund managers amid a broad sell-off in September. The S&P has been in a bear market since falling early this year as investors priced …

Wall St week ahead: US summer stock rally in jeopardy as September looms

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The harsh reality of inflation appears when Fed officials meet

The harsh reality of inflation appears when Fed officials meet – Mail Bonus

ADVERTISEMENT By Christopher Rugaber Jackson Hole (USA), Aug. 25 (AP) A half-hour drive or so from the resort where the high priests of global finance – leading economists and central bank officials – have gathered in Jackson Hole, Wyoming, to discuss the world’s economic challenges , Ash Hermanowski oversees the distribution of about 1,200 free …

The harsh reality of inflation appears when Fed officials meet

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Powell saw Fed rate hikes slowing by 75 basis points next week

Powell saw Fed rate hikes slowing by 75 basis points next week – Mail Bonus

ADVERTISEMENT Federal Reserve Chairman Jerome Powell is likely to slow interest rate hikes from a front-end approach with a second consecutive 75 basis point increase next week, according to economists surveyed by Bloomberg. They expect the Federal Open Market Committee to raise interest rates by half a percentage point in September and then switch to …

Powell saw Fed rate hikes slowing by 75 basis points next week

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