In some corners of the market, investors just don’t see how the Federal Reserve can lower inflation without risking high unemployment.
Tag: Stocks and Bonds
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A major European stock index falls into a bear market.
The Stoxx 600 index, which includes large companies from 17 European countries, fell 2.3 percent on Friday, pushing the index down about 21 percent from its Jan. 5 peak.
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British Pound Sinks as Markets React to U.K. Government Tax Cuts
Stocks, bonds and the pound were jolted by policy details from the new government that entailed a huge rise in borrowing.
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Bad News From the Fed? We’ve Been Here Before.
Fed rate increases are causing pain now. But an inside look at the Volcker era shows that conditions were far worse when the Fed tried different tacks to tame inflation.
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Railroads’ Strategy Thrilled Wall Street, but Not Customers and Workers
Freight railways pushed to streamline their operations and improve their profit margins. Critics say the approach left the system stretched thin.