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US close: Stocks finished mixed after Powell urges patience on rate cuts

Published by Benjamin Chiou on 16th April 2024

(Sharecast News) - US stocks finished mixed on Tuesday after bond yields climbed on the back of comments from Federal Reserve chair Jerome Powell, who said the central bank needed more confidence that inflation was on a downward trend before cutting interest rates.

URL: http://www.digitallook.com/dl/news/story/34226204/...

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