Similar Stories to Stocks Wipe Out Gains After Fed Signals Rate Hike In March on Bing News

The Dow, which had been up roughly 600 points, ends the session with a 130-point loss after the central bank spells out its plan for soaring inflation.

Topics:  dow   
BING NEWS:
  • Fed policymakers coalesce around 'no rush' on rate cuts
    Federal Reserve policymakers are coalescing around the idea of keeping borrowing costs where they are until perhaps well into the year, given slow and bumpy progress on inflation, and a still-strong U ...
    04/18/2024 - 12:47 pm | View Link
  • June Fed rate-hike risk looms as U.S. labor market stays strong
    The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another possibility: a slight chance of ...
    04/18/2024 - 9:09 am | View Link
  • No landing, no Fed rate cuts: the markets new bet on 2024
    "Right now, given the strength of the labor market and progress on inflation so far, it's appropriate to allow restrictive policy further time to work and let the data and the evolving outlook guide ...
    04/17/2024 - 2:32 am | View Link
  • U-Turn on Fed Rate Cut Bets Wipes Out Last Year’s Bond Gains
    Still, some are finding reasons for bonds to recoup their losses. UBS Global Wealth Management sees scope for Treasuries to rally when the Fed begins easing, while TwentyFour Asset Management says ...
    04/11/2024 - 6:30 pm | View Link
  • Stocks tumble as hot inflation numbers douse hopes of June interest rate cut
    The hotter-than-expected report further dashed hopes for Fed rate cuts this year amid fears ... Fed chatter will shift from when to cut to whether to hike." High interest rates work to undercut ...
    04/10/2024 - 1:00 pm | View Link
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