• Hawkish Powell Remarks Accelerate Losses After PPI

  • Nov 14 2024
  • Length: 11 mins
  • Podcast

Hawkish Powell Remarks Accelerate Losses After PPI

  • Summary

  • Fed Chairman Powell said there's no hurry to cut rates, hurting rate-cut odds. Stocks, already down after PPI showed little inflation progress, fell for the third day in four.

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