Global Business Week: Visualizing the World's Largest Importers

The state of Financial markets & Economies, Weekly Charts, Business Trends & Statistics

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Last Friday, stocks surged, propelling the S&P 500 and Dow Jones indices to their highest levels in over a year. This upswing followed remarks from Federal Reserve Chair Jerome Powell, aligning with the prevailing market consensus that key interest rates have reached their peak. Powell's acknowledgment of "tight monetary policy" impacting economic activity was interpreted by traders as an indication that the Fed may have concluded its rate hikes, despite no official confirmation.