Jerome Powell, Chair of the Federal Reserve, recently hinted that he does not anticipate imminent increases in interest rates despite inflation concerns. This statement initially brought a wave of optimism to Wall Street, igniting a significant rally in U.S. stocks—the largest seen after a policy meeting since the previous December. Concurrently, Treasury yields saw a … Market Whiplash: Powell’s Mixed Messages on Interest Rates Stir Wall Street
The post Market Whiplash: Powell’s Mixed Messages on Interest Rates Stir Wall Street appeared first on ImaStockTrader.
