US stocks trade mixed as Wall Street eyes Fed officials hints' on higher-for-longer rates

Jan 10 2023 by Business Insider

 
Federal Reserve Board Chairman Jerome Powell.

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US stocks opened mixed on Tuesday as investors digested comments from Federal Reserve officials. Chairman Jerome Powell said at conference in Stockholm that restoring price stability requires unpopular decisions. On Monday, San Francisco and Atlanta Fed presidents suggested higher rates for longer. 

US stocks opened mixed but largely flat on Tuesday as investors digested hawkish comments from Federal Reserve...

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