Today news
About the same in other media
23.11 - 02:23
Inflation Debate Hangs Over Stock Market’s Record Run
Reading now: 253
Some traders stuck with wagers on stubbornly high inflation after Wednesday’s Federal Reserve meeting, underlining a divergence in expectations between segments of the bond market and the U.S. central bank.
Stocks climbed to fresh records after Fed Chairman Jerome Powell’s press conference assured investors the central bank wouldn’t be overly aggressive with rate hikes, even as it laid out plans to end bond purchases by June. Mr. Powell said that the central bank believes inflation will dip by the second or third quarter of next year, as businesses increase the production of goods and supply-chain snarls ease.
Read more on wsj.comAbout this in other media
Market is ‘one more bad inflation report’ away from a correction, Wharton’s Jeremy Siegel warns cnbc.com /2 years ago
Government to change tax laws in Budget to tax cryptocurrency gains economictimes.indiatimes.com /3 years ago
Ether's Record Run Is Set For A Pause, 3 Charts Suggest ndtv.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
