April 22nd, 2022 The Federal Reserve’s hawkish tone on rates stymied what had been an early week advance. On Thursday, Fed Chairman Jerome Powell confirmed that a 50-basis point hike is a given at the FOMC’s meeting next month. He justified the use of the higher-than-normal rate increase as being “absolutely essential” in order to…
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April 8th, 2022 Stocks Fall as Fed Grows More Hawkish Markets slipped this week as investors awakened to an increasingly hawkish tone from the Federal Reserve. Stocks began their sell-off on Tuesday following comments from Fed Governor Lael Brainard, typically considered one of the most dovish Fed members, who said the central bank needs to…
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March 25th, 2022 Bulls made it a second consecutive winning week, shaking off hawkish remarks from Federal Reserve Chairman Jerome Powell on rates as well as rising oil prices. Powell rattled nerves on Monday when speaking at the Economic Policy Conference before the National Association for Business Economics, where he indicated that the Fed would…
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