Page 50 - Thomas Barkin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Caroline Valetkevitch

By Howard Schneider RICHMOND, Virginia (Reuters) - 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 wides...

(Bloomberg) — Global stocks retreated and Treasury yields held near four-month highs as solid economic readings and higher commodities prices reinforced the view that interest rates will remain higher for longer. Those concerns have kept global equities from extending the previous quarter’s strong gains. The Stoxx 600 slid 0.1%, while futures pointed to further declines…

(Bloomberg) — Global stocks retreated and Treasury yields held near four-month highs as solid economic readings and higher commodities prices reinforced the view that interest rates will remain higher for longer. Those concerns have kept global equities from extending the previous quarter’s strong gains. The Stoxx 600 slid 0.1%, while futures pointed to further declines…

(Bloomberg) — The stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing. As Wall Street awaited more clues on the Fed’s next steps from Jerome Powell, a report showing…