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Stocks post first back-to-back loss in 2 weeks after Fed speakers suggest interest rates may top out higher

Por: MarketWatch Business November 17, 2022

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What drove markets The Federal Reserve’s benchmark to bring inflation down, said St. Louis Fed President James Bullard, on Thursday. “The change in the monetary policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” said Bullard, in a speech in Louisville, Ky. While Bullard didn’t explicitly say how high he thought the policy rate needed to go, in his... + full article



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