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The Dow is hesitating as the Fed announces it may delay rate cuts due to inflation

Quartz

qz.com › dow-jones-rate-cuts-inflation-federal-reserve-1851414249

After surging on Tuesday morning, the Dow tapped the brakes in the afternoon as the Fed said it needs more time to deal with stubborn inflation—which means interest rate cuts are likely to be delayed. In an address to a policy forum on U.S.-Canada economic relations, Fed Chair Jerome Powell said that recent economic…

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The Dow jumps 175 points as the markets look to break a losing streak

Quartz

qz.com › dow-jones-stock-market-inflation-losing-streak-earnings-1851412882

Stocks started Tuesday on the way to recovery, rising at the open after a days-long losing streak. While Middle East tensions and inflationary pressures are rising, strong earnings reports are giving investors hope that the market is on the mend.

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