Federal Reserve Chair Jerome Powell laid the desk to start off slowing down the pace of curiosity amount hikes on Wednesday whilst also stressing that the concern of when the central financial institution must reasonable the sizing of improves is significantly less significant than how high the central financial institution […]
Powells
Stocks close higher on Wednesday as Powell hints Fed could slow pace of rate hikes The major averages surged as Federal Reserve Chair Jerome Powell spoke at his press conference on Wednesday and suggested the central bank could slow the pace of its hikes. The S&P 500 added 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to […]