U.S. markets close in 6 hours 10 minutes
  • S&P 500

    3,756.96
    -68.37 (-1.79%)
     
  • Dow 30

    30,539.56
    -557.70 (-1.79%)
     
  • Nasdaq

    10,963.95
    -163.90 (-1.47%)
     
  • Russell 2000

    1,692.42
    -35.34 (-2.05%)
     
  • Crude Oil

    103.20
    -5.23 (-4.82%)
     
  • Gold

    1,791.20
    -10.30 (-0.57%)
     
  • Silver

    19.45
    -0.21 (-1.08%)
     
  • EUR/USD

    1.0272
    -0.0152 (-1.46%)
     
  • 10-Yr Bond

    2.8150
    -0.0740 (-2.56%)
     
  • GBP/USD

    1.1967
    -0.0137 (-1.13%)
     
  • USD/JPY

    135.7500
    +0.0900 (+0.07%)
     
  • BTC-USD

    19,484.47
    -87.96 (-0.45%)
     
  • CMC Crypto 200

    422.49
    -17.54 (-3.99%)
     
  • FTSE 100

    7,070.01
    -162.64 (-2.25%)
     
  • Nikkei 225

    26,423.47
    +269.66 (+1.03%)
     

WSJ Opinion: Powell Takes a Hawkish Step, but Is It Enough to Quash Inflation?

In an effort to tackle inflation, the federal reserve is raising interest rates to three-quarters of a percentage point, and could do the same again in July. So why the mixed messages in Jerome Powell’s briefing? Images: Shutterstock/Reuters Composite: Mark Kelly