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Words of caution from Federal Reserve officials on Thursday about the need to keep interest-rate cuts in check until inflation clearly slows snuffed a Wall Street stock rally and sparked a rise in... -April 04, 2024 at 05:30 pm EDT - MarketScreener
(Bloomberg) -- The stock market is ending the week on a positive note after a blowout jobs report signaled the US economy will continue to power Corporate America — even if that means the potential for still elevated interest rates.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Announces New Currency Called the ZiG, Backed by GoldTurkey Joins NATO Allies in Suspending Europe Arms Treat
Stocks Drop After Fed Officials Cast Doubt on Rate Cuts All 11 of the S&P 500's sectors fall. Barkin says Fed would be 'smart' to take its time to cut rates due to persistent inflation ...
Richmond Federal Reserve President Thomas Barkin said he is focused intently on the persistent breadth of inflation across goods and services, and feels slower price increases need to be more... -April 04, 2024 at 05:32 pm EDT - MarketScreener
The dollar hit a two-week low on Thursday as economic data supported expectations for quick interest rate cuts in the U.S., and fell against the battered yen. An unexpected slowdown in... -April 04, 2024 at 04:00 pm EDT - MarketScreener