Stock Market News Today: Powell Says Inflation Is Falling
"We will likely need to do additional rate increases," Powell said, adding that the disinflation process would take "a significant period of time."
Source: businessinsider.com
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Top News In Hawkish Comments Today - Breaking & Trending Today
The Fed's Inflation Projections Make No Sense: Fundstrat
Inflation needs to "explode" this month to meet the Fed's projections, which is why their estimates "make no sense," according to Fundstrat's Tom Lee.
Source: businessinsider.com
Stock Market News Today: US Stocks Fall After Final 2022 Rate Hike
Stocks gave up earlier gains after the Fed delivered its widely-expected 50 basis-point rate hike, signaling it would keep raising into 2023.
Source: businessinsider.com
Stock Market Outlook: the Fed Won't Change Policy to Boost Falling Stocks
"I would get ready for a very volatile January. I think that the higher the market goes in December, the worse it's going to be in January."
Source: businessinsider.com
Inflation May Surprise to the Upside and Fed Could Stay Hawkish: Deutsche Bank
Rates could go higher than expected, and markets are pricing in more dovishness than the Fed may deliver, according to Deutsche Bank.
Source: businessinsider.com