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Mountain of risks has dollar poised for best week since February
US stocks are softer as banking jitters persist and after a steady dose of reminders of all the risks that remain on the table; Treasury Secretary Yellen reiterated that a default would be “an economic and financial catastrophe.”, while Fed’s Bowman warned that they will likely need to raise interest rates further and hold them higher […]...
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Posted: May 12 2023, 17:28
Author Name: marketpulse
Views: 101965