Wall Street muted as investors look to Fed after stocks recovery

Inflatie

:Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited clues on interest-rate cuts from the Federal Reserve to decide their next move. Fed Chair Jerome Powell is expected to further cement the view that the central bank is about to start loosening credit conditions after taming the worst outbreak of inflation in 40 years when he speaks on Friday at the Fed's Jackson Hole conference in Wyoming. Oil prices were pushed lower

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Wall Street muted as investors look to Fed after stocks recovery https://www.channelnewsasia.com/ - 22.08.2024 01:54
Wall Street muted as investors look to Fed after stocks recovery https://www.channelnewsasia.com - 22.08.2024 00:34

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Wall Street muted as investors look to Fed after stocks recovery https://www.channelnewsasia.com/ - 22.08.2024 01:54
Wall Street muted as investors look to Fed after stocks recovery https://www.channelnewsasia.com - 22.08.2024 00:34