US stocks rallied alongside Treasuries as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal Reserve raised interest rates and signaled more tightening to come. [07:00 ET] BoE Gov. Bailey: Likely policy may have to tighten if conflict in MidEast persists for extended period, as appears likely, and if risk of second-round effects increases. [GBP Weakness]
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11:49:10 AM UTC
SquawkNews
By Niket Nishant and Tharuniyaa LakshmiUS stock index futures surged on Thursday as retreating oil prices bolstered confidence, with the Federal Reserve's first interest-rate hike under Chair Kevin Warsh reassuring investors of the central bank's resolve to combat inflation.The policy decision ease…
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