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Fed criticizes Fed ‘situation’ as market pain recedes to fight inflation

WASHINGTON, Sept. 28 (Reuters) – In the month since Federal Reserve Chairman Jerome Powell took a hawkish stance on inflation, stocks have suffered compounding losses, fissures have opened in global currency markets, and safer US government debt returns have emerged. It jumped to its highest levels since the dark days of the financial crisis nearly …

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The dollar rose to a two-decade high as Putin shook the FX market ahead of the Fed

Register now to get free unlimited access to Reuters.com Register The dollar index is at its highest level in two decades The euro fell to its lowest level in two decades Putin announces partial mobilization of troops for Ukraine Markets Gauge Fed Tightness at Powell’s Briefing LONDON/NEW YORK (Reuters) – The dollar surged on Wednesday …

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