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Dow attempts to snap 3-day losing streak ahead of jobs data as investors continue to weigh Powell remarks

Por: MarketWatch Business November 03, 2022

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What’s driving markets The Fed on Wednesday in its benchmark interest rate target to a range of 3.75% to 4%. However, investors fixated on comments made during Powell’s news conference which suggested that the Fed is nowhere near pausing its campaign of raising interest rates. “It is very premature to be thinking about pausing. When people hear lags, they think about pauses. It’s very premature, in my view, to talk about pausing our rate... + full article



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