St. Louis Fed James Bullard Admitted Fed’s Monetary Policy Had Only “Limited Effects”
U.S. stock futures are trading cautiously higher this European afternoon.
November 18, 2022

Wall Street equity futures dropped and stocks in Europe fell as investors assessed hawkish comments from Federal Reserve officials and awaited remarks from Chairman Jerome Powell for clues on further path of interest rates amid a slew of corporate layoffs ranging from hi tech heavyweights like Amazon.com (AMZN) to banking giant Goldman Sachs Group (GS).
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