Stocks were falling sharply Thursday, a day after a big rally as markets digested the Federal Reserve’s monetary policy decisions.
“We shouldn’t have gone up 2% yesterday on the news,” said Tom Essaye, founder of Sevens Report Research.…
With inflation surging higher than anyone expected, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is going to move quickly to get its policy rate up to “to a more neutral level” of interest rates, and maybe higher…
Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked.Some highly indebted European…
Investors will watch for another gauge of U.S. inflation in the week ahead after the stock market was rattled by the Federal Reserve ramping up its hawkish tone and suggesting large interest rate hikes are coming to get an overheating…