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US stock surged on Friday, rebounding back and recovering some of the ground it lost at the end of a dizzying week as investors reduced their bets on a bigger rate hike by the Fed in July. Federal Reserve Governor …
US stock continued to stay in negative territory but closed above session lows as Federal Reserve officials’ comments have eased investors’ concerns about a recession caused by the aggressive pace of monetary tightening. Federal Reserve Governor Christopher Waller said that …
US stock continued its slide on Wednesday amid the hot US inflation report, which weighed on financial markets and boosted speculation that the US Federal Reserve will tighten its monetary policy more aggressively. The US Consumer Price Index soared by …
US stock declined on Tuesday amid fears that aggressive rate hikes will drag the economy into a recession ahead of Wednesday’s critical inflation report. Slowing economic growth and soaring inflation continued to weigh on investors’ mood across financial markets, as …
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