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U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1, 2023. REUTERS/Jonathan Ernst

Rallying markets suffer from a doveish illusion

The “money illusion” ranks among the most lyrical-sounding concepts in economics. It refers to the mistake that people make when […]

Bitcoin Holds Steady as Fed Hikes Interest Rates Again – Decrypt

Bitcoin and the rest of the cryptocurrency market has held steady following the Federal Reserve’s announcement today that the central […]

Full recap of the Federal Reserve’s rate hike and Chairman Jerome Powell’s news conference

Powell’s focus is the labor market, says Gary Cohn Federal Reserve Chair Jerome Powell made it clear during his press […]

Europe grew faster than the US last year. Its markets are outperforming too – KTVZ

By Anna Cooban, CNN Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades […]

Why Are Stocks On A Roll? It’s The Liquidity, Stupid

It’s been easy to miss, but central banks are once again turning on the monetary faucets. getty The stability of […]

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