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U.S. stocks mixed as rate hike worries linger, Russia tension simmers

U.S. stocks mixed as rate hike worries linger, Russia tension simmers Wall Street was mixed on Monday, with the Nasdaq Composite Index rising slightly while the Dow Jones Industrial Average fell. Investors were concerned about the path of interest rate hikes by the U.S. Federal Reserve, as well as the ongoing political instability in Russia. …

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The dollar steadies on strong housing data, Fed testimony in focus

The dollar steadies on strong housing data, Fed testimony in focus The dollar index held steady around 102.5 on Wednesday, supported by surprisingly strong US housing data. Investors are also awaiting comments from Federal Reserve Chair Jerome Powell’s testimony before Congress later in the day. Data showed that housing starts in the US surged 21.7% …

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FOMC response – dovish statement, hawkish press conference

FOMC response – dovish statement, hawkish press conference

Definitely, blended information is a fascinating methodology. The Federal Reserve is apparently indifferent to monetary market instability! Rundown through RBC (this is exceptionally short): The strategy explanation broadcasted an obviously tentative vibe with the board saying it will “consider the combined fixing of money-related strategy, the slacks with which money-related strategy influences monetary movement and …

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