US dollar remains elevated - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.
Concerns about an impending rate hike by the US Federal Reserve have sparked a global stock sell-off. Investors will watch Fed chairman Jerome Powell’s comments on inflation and growth outlook. Mint explains the importance of the Federal Open Market Committee (FOMC) meeting
The Nasdaq Composite Index has lost nearly $1 trillion this week after the pace of a spike in US bond yields took investors by surprise, fueling expectations of a volatile 2022