Stocks Slip After Fed Keeps Rates Steady, Points to Sticky Inflation
Stocks fell after the Federal Reserve kept interest rates steady at its January meeting. The Nasdaq Composite was down 1.1%. The move to pause cutting rates was widely expected by traders, so Federal Reserve Chair Jerome Powell’s press conference at 2:30 p.
Dollar bulls were ready to pounce on the euro on Thursday should the European Central Bank sound dovish on rates later in the ...
The dollar strengthened as the Fed held rates as expected while issuing a statement with hawkish overtones, including references to solid labor market and elevated inflation.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
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Harvard's Ken Rogoff expects a 'wild ride' for the economy under Trump — and warns the dollar may slumpHarvard economist Kenneth Rogoff said rate cuts were a "pipe dream" and warned the soaring US national debt could fuel ...
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing ...
No income generation. An IRA that’s invested heavily in stocks can generate dividend income. A gold IRA can gain value over ...
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