In his testimony, Fed Chair Jerome Powell warned of inflation remaining stubbornly above the 2% target and opened the door to a possible 50 bps hike in March. This may have led the dollar index to hit a three-month high.
Wall Street took a hit on Tuesday, February 21st. Could weak guidance from major retailers and recent US data be the culprits?
The government of Japan announced the nomination of Kazuo Ueda as the replacement for BOJ Governor Haruhiko Kuroda. Who is the new governor, and what changes to expect?
As Fed Chair Powell signals a rate hike slowdown, Asian markets climb, Tech- stocks shine and the Dow enters a bullish market.
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