Market Snapshot: What’s at Stake for Stocks, Bonds As Federal Reserve Weighs Bank Chaos Against Inflation Fight
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Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
FirstFT: US groups flock to Europe’s bond markets for lower rates
Also in today’s newsletter, Arup loses $25mn in deepfake scam and Britain’s homelessness problemFinancial Times - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business