Stocks close higher on Wednesday as Powell hints Fed could slow pace of rate hikes The major averages surged as Federal Reserve Chair Jerome Powell spoke at his press conference on Wednesday and suggested the central bank could slow the pace of its hikes. The S&P 500 added 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to […]
Reserves
People today executing purchasing at the neighborhood marketplace in Istanbul, Turkey on December 5th, 2021. The depreciation of the Turkish lira weakened the purchasing electric power of citizens. Erhan Demirtas | NurPhoto via Getty Illustrations or photos Turkish President Recep Tayyip Erdogan has pledged to bring down his country’s soaring […]