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When bad news means bad news - January 19, 2023
Episode 127
Published 3 years, 9 months ago
Description
Futures for Wall Street's main stock indexes fell sharply on Thursday, due to worries over U.S. recession following the release of weak economic data and hawkish comments from Fed officials. St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester yesterday both advocated for raising rates beyond 5%.
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