https://www.reuters.com/markets/europe/wall-st-week-ahead-inflation-data-may-seal-fate-unloved-us-stock-rally-2022-08-05/NEW YORK, Aug 5 (Reuters) - A rally in U.S. stocks that has powered on despite skepticism from Wall St faces a reality check in the coming week, as key inflation data threatens...
The Federal Reserve on Wednesday raised interest rates by another 75 basis points despite acknowledging that economic growth is clearly slowing. The central bank, under Powell, reiterated that the path of least resistance...