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US stocks declined on Monday, extending their recent slide and fell in a volatile session amid the fact that worldwide central bankers insisted on battling inflation at any cost. On the economic data side, US Durable Goods Orders and CB …
US stocks tumbled sharply on Friday, coming under heavy bearish pressure and suffered daily losses amid the risk-off market sentiment and surging US dollar. The UK’s plan to lift its economy fueled concerns about heightened inflation and added to fears …
This week will see a much lighter schedule of data releases compared to last week. Some significant releases to watch out for include the CB Consumer Confidence and Core PCE Price Index in the US and the Gross Domestic Product …
On Wednesday, U.S. central bank officials raised interest rates to a new range of 3.0% to 3.25%. Policymakers also expect to lift rates higher than before and maintain that level, projecting the fed funds rate rising to 4.4% by the …
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