NEW YORK, May 10 (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowing economic growth. US Treasuries rallied, with the yield on the benchmark 10-year note […]
Tag: ECON
US President Joe Biden arrives to deliver remarks on expanding high-speed internet access, during a Rose Garden event at the White House in Washington, US, May 9, 2022. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 10 (Reuters) – US President Joe Biden, under pressure to tame high inflation, […]
Categories
Dollar choppy with inflation data on deck
NEW YORK, May 10 (Reuters) – The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a two-decade high ahead of a key reading on inflation that could provide insight on the path of Federal Reserve monetary policy . Investors were in a risk-on mood, as the yield on […]