Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Karen Brettell NEW YORK, March 4, (Reuters) - The dollar pared earlier gains on Thursday before an appearance by Federal Reserve Chairman Jerome Powell that will be watched for any sign the Fed is uncomfortable with.
S&P 500 erases 2021 rally as bond yields top 1 5% bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer something investors fear will force interest rates up sooner than expected.