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Inflation puts pressure on Powell: What to know this week

Barrons.com

Why the Stock Markets Are Falling So Hard

Investors had plenty to worry about from the Fed to inflation and retail sales. It’s fallen 10 of the past 11 weeks and suffered its largest two-week percentage decline since the end of October 2020. The lost 5.1% last week, notching its worst two-week percentage decline since late March 2020, just after the pandemic began creating havoc in the U.S. Year to date, it’s tumbled 18.6%.

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