Tag: pain

Digital in yours hands

Fed Chairman says cutting inflation will take ‘a bit of pain’

Jerome H. Powell, the chairman of the Federal Reserve, said in an interview on Thursday that falling inflation would likely be painful, but allowing price gains to persist would be the biggest problem – addressing the major challenge facing confronted its central bank when he was officially beginning his second term as its head. Mr.…
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Apple and Amazon have fallen for 6 consecutive weeks. There could be more pain to come.

Text size People visit the Apple Store in Grand Central Station in New York. Michael M. Santiago/Getty Images Apple and Amazon.co.uk started the second week of May looking like stocks would extend their six-week losing streaks, the longest since before the pandemic. Over the past six weeks, Apple (ticker: AAPL) and Amazon ( AMZN) fell…
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Charts suggest short-term market pain may be over, but don’t expect big rally, says Jim Cramer

CNBC’s Jim Cramer said on Tuesday that the market will likely move sideways rather than experience a monster rally when it recovers, based on analysis from DeCarley Trading market strategist Carley Garner. “The charts, as interpreted by Carley Garner, suggest that the short-term pain may be over soon, but you can’t expect us to return…
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