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US stocks trading near unchanged levels as markets ponder the economy/Fed

The major US indices are trading above and below unchanged in early US trading. Traders are pondering the economy and the Fed. Fed's Goolsbee (new Chicago Fed Pres.) is more on the dovish side, but Fed Waller is saying the inflation remains a problem and more rate hikes are needed (as in "more than one"). HMMMM. The two-year note yield is up around 11 basis points. The 10 year note yield is up about five basis points. The USD has moved higher. A snapshot of the market 15 minutes into the open... Read More

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Ponder

Economy fed

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Posted: Apr 14 2023, 13:47

Author Name: forexlive

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