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Fed eyes slower rate hikes as threat of recession grows

Fed eyes slower rate hikes as threat of recession grows

Senior Federal Reserve officials expect smaller interest rate hikes to “be appropriate soon” as the threat of a recession grows. Although the Fed still expects rates to rise more than expected, senior officials are unsure how far they will go. Slower rate hikes, they say, would give them more time to assess the “delayed” effects …

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The Dow soars, Big Tech falls: What's next for stocks as investors await Fed guidance

The Dow soars, Big Tech falls: What’s next for stocks as investors await Fed guidance

Last week offered a story of two markets, with gains for the Dow Jones Industrial Average putting the premier gauge on track for its best October on record while Big Tech heavyweights suffered a bombardment that reminded market veterans of the dot-com bust in the early 2000s. “You have a tussle,” Dan Suzuki, deputy chief …

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'Flimsy' Treasury market risks 'large-scale forced selling' or surprise that leads to breakdown, says BofA

‘Flimsy’ Treasury market risks ‘large-scale forced selling’ or surprise that leads to breakdown, says BofA

The deepest and most liquid fixed income market in the world is in deep trouble. For months, traders, academics and other analysts have worried that the $23.7 trillion Treasuries market could be the source of the next financial crisis. Then last week, US Treasury Secretary Janet Yellen acknowledged concerns about a potential breakdown in government …

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