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Dollar set for big weekly gain as Powell sends yields up, China data mixed
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal Reserve chief sent short-term Treasury yields higher, leaving equities in ...
US Stocks Have Already Reversed a Third of Post-Election Rally
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Dow futures slump again
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively. Dow Jones ...
European Midday Briefing: Powell Rate-Cut Caution Drags on Stocks
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Treasury yields tick higher as investors digest Powell’s comments, await further data
U.S. Treasury yields rose on Friday as investors digested Federal Reserve chair Jerome Powell's latest comments, and await further economic data.
What evidence tells us about the Fed’s independence and Trump
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...