Stocks, dollar power higher on 'slow and steady' rate hopes

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Wall Street stocks rebound from an initial decline on Thursday, March 2.

In the United States, manufacturing activity contracted for a fourth straight month in February, but a gauge of prices for raw materials increased last month, stoking concerns that inflation would remain stubborn.

Fed funds futures tied to the Fed’s policy rate see about an even chance that the rate will range from 5.5% to 5.75% by September, from the current range of 4.5% to 4.75%. The euro lost 0.65% and the pound dropped 0.67%, with hotter-than-expected inflation numbers adding pressure on the ECB to raise rates.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in BR

Brasil Últimas Notícias, Brasil Manchetes