Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
Tag: Government Bonds
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Stock Market Rallies After CPI Inflation Report
The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets
A series of data reports and actions by policymakers have led investors to reassess their assumptions about interest rates and the economy.