12.9 C
New York
Wednesday, December 7, 2022

Buy now


Stocks Waver on Fedspeak, Disappointing Earnings: Markets Wrap

On Thursday, Cleveland Fed President Loretta Mester reiterated the central bank’s promise to bring down inflation by raising interest rates. Her counterparts, this week, have also been backing this hawkish stance, forcing markets to recalibrate after initially expecting a dovish pivot Fed Chair Jerome Powell hinted at last week.

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles