Stocks Extend Rally After Inflation Slowdown

📆 12-11-2022 04:00:00
📰 WSJ

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The Nasdaq and S&P extended gains and the dollar slid on hopes that slowing inflation will encourage the Federal Reserve to back off its campaign of aggressive interest-rate increases

Related Video: In 2021, officials thought that high inflation would be temporary. But a year later, it was still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected.

Illustration: Jacob Reynolds

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Or Republicans slowing Biden down

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Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stocks see biggest gains since 2020 as investors take hope from inflation reportThe stock market is staging its biggest rally in two years after a report showed Thursday morning that inflation cooled in October. Investors are hopeful because Republicans in the house will stop Biden spending…,period!
Bron: dcexaminer - 🏆 6. / 94 Lees verder »