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TSX today: Canadian stock market down after Powell speech - BNN Bloomberg

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Stock markets in Canada and the United States were down in late-morning trading following a speech by U.S. Federal Reserve chair Jerome Powell in which he said he expects to keep interest rates high in his fight against inflation.

Oil posts weekly gain as Saudi warning lingers over marketGold extends drop as traders weigh Powell's remarks on ratesNew York Fuel Supply Is So Low It Triggered White House WarningShipping Giant CMA CGM Sees Softening of Global Freight RatesBritish Pubs Fear Beer Shortage From Lack of Carbon DioxideTexas

Crypto-Mining Rush May Need as Much Power as Entire State of New YorkGerman Power Rises to Record 800 Euros in Latest Inflation BoostEurope’s Deepening Fertilizer Crunch Threatens Food CrisisBiden Administration Urges Fuel-Export Cuts to Restock NortheastDiesel Pinch Looms as World Seeks Relief From Pricey Natural Gas

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

He was packing FUD in hopes the speech alone will nudge the market/slow growth. Working so far.

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 /  🏆 83. in KR

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