stock market
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US stocks slip as investors assess Bullard’s comments on rates and digest Ukraine-Russia developments
- February 15, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
No CommentsSpencer Platt/Getty Images
US stocks fell Monday as the market weighs Russia-Ukraine developments and the outlook for interest rates.
Russia indicated it’s open to continuing diplomatic talks
St. Louis Federal Reserve President James Bullard told CNBC the Fed needs to move quickly in raising interest rates.Losses for US stocks narrowed Monday after Russia indicated it was open keep searching for a diplomatic resolution in its dispute with Ukraine, but equities were still weighed by the prospect of numerous interest-rate hikes this year by the Federal Reserve.…