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Hawkish Powell Remarks Accelerate Losses After PPI

Hawkish Powell Remarks Accelerate Losses After PPI

Update: 2024-11-14
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Fed Chairman Powell said there's no hurry to cut rates, hurting rate-cut odds. Stocks, already down after PPI showed little inflation progress, fell for the third day in four.

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Hawkish Powell Remarks Accelerate Losses After PPI

Hawkish Powell Remarks Accelerate Losses After PPI

Keith Lansford