The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
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