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US Markets Wrap: Markets stumble as inflation fears return and the Fed holds its nerve
Published 6 months, 1 week ago
Description
Wall Street tumbles as fresh data and signals from Jerome Powell reinforce fears that inflation will stay higher for longer. The Dow Jones Industrial Average breaks key levels, deepening concerns about a broader market reset. With the Federal Reserve still eyeing just one rate cut, doubts are growing over whether policy is already behind the curve. Ben Emons, Chief Investment Officer, FedWatch Advisors unpacks rising stagflation risks, the impact of surging oil, and what investors should do as volatility picks up.
Produced/Presented: Ryan Huang
Image: USD Dollar 3D Animation Production Company from Pixabay
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