Stocks gain ground, Treasury yields pull back after Powell statement

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks rally after Fed chair signals slowdown in rate hikes

Wall Street equities rose on Wednesday while U.S. Treasury yields pared gains and the dollar lost ground after Federal Reserve Chair Jerome Powell said the central bank could slow the pace of interest rate hikes “as soon as December,” even as he cautioned that inflation was still too high.

“The market is taking this glass-half-full, it could’ve been worse approach. Powell didn’t really say anything that new,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute in Charlotte, North Carolina. “Policy continues to tighten. People are just not appreciating it,” he added, noting that even if the Fed were to pause rate hikes it is still shrinking the balance sheet which he sees as “almost as important if not more important than the level of rates.”

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Premarket: World stocks in upbeat spirits, Fed’s Powell in the spotlightFederal Reserve chair Jerome Powell is set to speak later in the day as markets look ahead to the central bank’s December interest rate decision
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »

U.S. stocks hit by Fedspeak as China woes boost havens - BNN BloombergU.S. stocks sank as Federal Reserve officials stressed that more rate hikes are coming, with risk appetite also hit by uncertainties around China’s Covid curbs and their impact on the global economy.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Tuesday’s small-cap stocks to watchOur roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »