Cleveland Federal Reserve President Loretta Mester did not use the exact phrase “data dependent,” which was so popular under previous central bank chief Janet Yellen, but on CNBC’s “Squawk Box” Friday she repeatedly said that […]
Anthony Wallace | AFP | Getty Images A woman touches an ATM machine for digital currency Bitcoin in Hong Kong on December 18, 2017. As U.S. stock markets went haywire this week, the major cryptocurrency […]
“It’s a bad sign that oversold markets not bouncing,” Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist, wrote. “The inability of oversold markets to bounce suggests investors worried by either systemic financial market […]
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