• 185
  • 66
  • Favorite

Nasdaq Composite Futures Fell 1.5%, S&P 500 Futures Slipped 0.86%

Tiger Newspress2022-05-24

Dow Jones Industrial Average futures lost 158 points, or 0.48%, while the S&P 500 futures fell 0.86% and Nasdaq Composite futures fell 1.5%.

U.S. central bankers broadly back two more big interest rate hikes in June and July, but what happens after is a matter of intense internal debate that turns in large part on differing views of how price pressures will play out in months ahead.

To Atlanta Fed President Raphael Bostic, once the Federal Reserve has delivered half-of-a-percentage point rate hikes as Chair Jerome Powell has signaled, "a pause in September might make sense."

"I think a lot of it will depend on the ground dynamics that we are starting to see" both of the inflation the Fed is trying to contain and the impact of higher interest rates on the economy, he told the Rotary Club of Atlanta on Monday.

While there is a risk the central bank may have to be more aggressive, he said, "I'm an optimist and I'm assuming inflation will have started to definitively move" lower by then.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment66

  • 蒋小鱼
    ·2022-05-24
    Always drop 😭
    Reply
    Report
  • SanWangtikup
    ·2022-05-24
    Liked 
    Reply
    Report
  • HENRYCSC
    ·2022-05-24
    Ok 
    Reply
    Report
  • JY1980
    ·2022-05-24
    Hi
    Reply
    Report
  • Rawrrrrrrr
    ·2022-05-24
    Okay
    Reply
    Report
  • Rawrrrrrrr
    ·2022-05-24
    Okay
    Reply
    Report
  • Slee49
    ·2022-05-24
    OK
    Reply
    Report
  • lewisleeks
    ·2022-05-24
    [Smile] [Smile] [Smile] 
    Reply
    Report
  • DancingOwl
    ·2022-05-24
    like
    Reply
    Report
  • HappyTum
    ·2022-05-24
    K
    Reply
    Report
  • Francis1977
    ·2022-05-24
    Informative
    Reply
    Report
  • superduper
    ·2022-05-24
    Ok
    Reply
    Report
  • .kok
    ·2022-05-24
    Like
    Reply
    Report
  • willwees
    ·2022-05-24
    Like pls
    Reply
    Report
  • DMC8
    ·2022-05-24
    Like pls 
    Reply
    Report
  • stardice
    ·2022-05-24
    Please help like and comment.. Thanks 
    Reply
    Report
  • DMC8
    ·2022-05-24
    Like pls 
    Reply
    Report
  • Olympous
    ·2022-05-24
    Ok
    Reply
    Report
  • Olympous
    ·2022-05-24
    ok
    Reply
    Report
  • Pompuri91
    ·2022-05-24
    Oh no
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial