NEW YORK/LONDON -A gauge of global equities rose and Treasury yields eased on Wednesday from multi-year highs hit the day before as the market awaits a likely pause in the Federal Reserve's interest rate hiking campaign to tame inflation that's still too high.
Members of the policy-setting Federal Open Market Committee"are very happy with the situation they're in, which is they've got inflation trending down without a cost to growth or employment," said Brad Conger, deputy chief investment officer at Hirtle Callaghan & Co in Conshohocken, Pennsylvania. "They can ignore a very short term spike," Conger said."But if we keep going higher, then their radar is going to be triggered and they're going to be much more willing to put in another preventative hike."
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Asia stocks slide amid China woes, Japan catches up on chip sell-off By ReutersAsia stocks slide amid China woes, Japan catches up on chip sell-off
Bron: Investingcom - 🏆 450. / 53 Lees verder »
Bron: Investingcom - 🏆 450. / 53 Lees verder »