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Morning Bid: Market Reaction After the U.S. Federal Reserve's 50 Basis-point Interest Rate ... - Latest Tweet by Reuters
The latest Tweet by Reuters states, 'Morning Bid: Market reaction after the U.S. Federal Reserve's 50 basis-point interest rate rise was a classic case of 'buy the rumor and sell the fact.' The dollar weakened, Treasury yields declined across the board and U.S. stocks jumped ...'
Morning Bid: Market reaction after the U.S. Federal Reserve's 50 basis-point interest rate rise was a classic case of 'buy the rumor and sell the fact.' The dollar weakened, Treasury yields declined across the board and U.S. stocks jumped https://t.co/oTj2inQRGl— Reuters (@Reuters) May 5, 2022
(The above story first appeared on LatestLY on May 05, 2022 05:34 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).