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Wall Street rises with Powell's gesture from the Fed to ease inflation after the interest rate hike

Wall Street rises with Powell’s gesture from the Fed to ease inflation after the interest rate hike

The Federal Reserve raises interest rates by 25 basis points Powell says inflation has started for the first time Indices rose: Dow 0.02%, Standard & Poor’s 1.05%, Nasdaq 2% (Reuters) – The S&P 500 and the Nasdaq closed sharply higher on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation had begun to ease …

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Companies are rushing to take advantage of the US bond market as credit conditions ease

Companies are rushing to take advantage of the US bond market as credit conditions ease

Companies rushed to borrow money from the US corporate bond market in the first week of the year, taking advantage of easier financial conditions as investors reduce their expectations about the path of future interest rates. In the first seven days of 2023, companies from Credit Suisse to Ford issued $63.7 billion worth of US …

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