US stocks close higher as traders brush off Powell's warnings of more potential rate hikes

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Fed chief Powell reiterated that inflation was still above the Fed's 2% target.

AP Photo/Susan Walsh, File

Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'

Tech Insider : Economy, Economy
Larry Summers, former Treasury secretary
Former Treasury secretary Larry Summers

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The 2023 stock market rally is over as the Fed isn't easing anytime soon and a hard landing of the economy is inevitable, JPMorgan's chief stock strategist says

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The resilience of the US economy has only postponed the coming recession, JPMorgan's Dubravko Lakos-Bujas said.

AP/Richard Drew

US stocks rise after 3-week selloff as traders look ahead to key earnings and Powell speech

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A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019.

Reuters/Brendan McDermid

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