In remarks prepared for delivery to a Banco de Espana conference on financial stability in Madrid that largely echoed his recent observations on the economy and the state of policy, Powell did not say when those rates hikes may come. He noted, as he has, that banking stresses that emerged in March "may well lead" to more tightening in credit conditions than would be expected from rate hikes alone.
FTSE 100 loses 29 points on the day Dow, S&P 500 up, Nasdaq down as GDP beats forecasts Thames Water has "significant issues" to address: Ofwat 4.45pm:.
Acuity Brands, Inc. (AYI) said, in its third quarter, the company continued to grow adjusted earnings per share and generated strong cash flow from operations, despite a decline in net sales.
Dow boosted by banks; upward GDP revision proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
Dow Jones flat at the open as 1Q GDP is revised higher proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.