Selling deepens as BOE takes center stage after Fed warning: markets close
(Bloomberg) – Stocks and bonds fell as Jerome Powell’s warning that the Federal Reserve would raise interest rates more than expected sapped risk appetite. The dollar won. Bloomberg’s Most Read S&P 500 futures fell 0.8% following Wednesday’s 2.5% decline. The sell-off has spread to Europe and Asia, where China’s assertion of its Covid-Zero stance has …
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