Jerome Powell, the new chairman of the Federal Reserve, will have a chance to clarify the Fed’s position on Us inflation when he testifies before Congress in Washington, on Tuesday. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

The fight between bulls and bears over the US economy and markets has just begun

Fund outflows from US equities, rising yields on 10-year bonds and increasing odds of four rate increases this year because of mounting inflation fears have set the scene for a showdown between bulls and bears

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Jerome Powell, the new chairman of the Federal Reserve, will have a chance to clarify the Fed’s position on Us inflation when he testifies before Congress in Washington, on Tuesday. Photo: Reuters
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