Capping a Big Week in Financial Markets Driven By Lower Inflation Readings

In the past week, the Dow Jones Industrial Average has jumped 1000 points, the 10-year U.S. Treasury yield has plunged 28 basis points, and the dollar has depreciated 2.7% against the yen and 2.4% against the euro. If inflation continues to recede, the Federal Reserve may not need to lift interest rates as much as […]