News Formal

Stocks slump, dollar flies on hawkish Powell

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Stocks fell, the dollar hit multi-month highs and U.S. and German short-term bond yields were parked at their highest levels since at least 2008 as Federal Reserve chair Jerome Powell put big rate hikes back on the table to tame inflation.

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.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Except India

And pound It flies too

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Stock market news today: Stocks mixed with Powell testimony on the radarUS stocks end mixed as investors brace for Powell's testimony to Congress
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »