Fed’s Powell keeps to script on jobs recovery, feels heat on inflation front

WASHINGTON, July 14 (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday pledged “powerful support” to complete the U.S. economic recovery from the coronavirus pandemic, but faced sharp questions from…

Tech Stocks Get Crushed. The Reality of the Fed’s Tapering Ramp-Up Hits.

Text size Investors are now waiting for the Bank of England and ECB decisions. AFP via Getty Images Big Tech stocks got hammered Thursday, the losses building up as the…