*U.S. STOCKS TUMBLE TO SUFFER WORST WEEKLY LOSS SINCE MARCH AS RECESSION FEARS RETURN 🇺🇸🇺🇸
was the central bank’s top priority. “Getting inflation down is Job One, inflation is too high,” Bostic said.
He and Chicago Fed President Austan Goolsbee have talked about the importance of having patience to see how well the Fed’s actions to date have worked, as the effect of monetary policy can take some time to emerge. Richmond Fed President Tom Barkin said he isn’t convinced that inflation is on a steady path down toward the Fed’s 2% target. “I’m still waiting for the haze to clear,” Barkin told reporters on Thursday.
San Francisco Fed President Mary Daly told Reuters that two more rate hikes this year is a"very reasonable" projection. She added that given how quickly rates have risen already, moving cautiously from here is wise. Next week will feature key data for investors to judge the Fed's progress in taming interest rates. The next print of gross domestic product in the first quarter is due out on Thursday and the Fed's preferred inflation gauge, the PCE, is due out Friday.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market today: Dow ends flat; S&P and Nasdaq break 3-day losing streak By Investing.com⚠️BREAKING: *U.S. STOCKS END HIGHER AS S&P 500 AND NASDAQ BREAK 3-DAY LOSING STREAK $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Leer más »
Dow’s stock falls after BofA recommends selling, given demand recovery remains elusiveShares of Dow Inc. fell 0.8% in afternoon trading Thursday, but pared an earlier loss of as much as 3.2%, in the wake of a bearish call from analyst Steve...
Leer más »
Tesla stock down, Anheuser-Bud shares rise and other stock moversAnheuser-Busch and Tesla shares were among the most active stocks on Thursday.
Leer más »
Asian stocks dip after Powell testimony, India due for correction By Investing.com⚠️BREAKING: *ASIAN-PACIFIC STOCKS FALL ACROSS THE REGION AFTER POWELL TESTIMONY, INDIA DUE FOR CORRECTION 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
Leer más »
USD TRY | US Dollar Turkish Lira - Investing.comFind the current US Dollar Turkish Lira rate and access to our USD TRY converter, charts, historical data, news, and more.
Leer más »
What to know about crypto investing as regulators weigh the first spot bitcoin exchange-traded fundsBitcoin rallied this week amid news of possible spot bitcoin exchange-traded funds. Here's what investors need to know before purchasing.
Leer más »