The Fed will likely need to raise interest rates more than previously expected in response to strong progress in the world's largest economy,on Tuesday, the first day of his semi-annual, two-day monetary policy testimony before Congress.
Fueling inflation scares, U.S. employers added 500,000 new workers in January while economists polled by Reuters expect the official non-farm payrolls report on Friday to show another 203,000 positions were added in February.
Except India
And pound It flies too
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech stocks brace for sell-off on hawkish message from Powell talkInvestors should brace for a sell-off in tech stocks with Fed chair Powell set to deliver a hawkish message to lawmakers, Gene Munster says
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market news today: Stocks mixed with Powell testimony on the radarUS stocks end mixed as investors brace for Powell's testimony to Congress
Source: BusinessInsider - 🏆 729. / 51 Read more »