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Dow bounces higher as Fed chief Jerome Powell signals patience on rate hikesFriday's markets were boosted by a healthy December jobs report and confirmation of upcoming trade negotiations with China. That’s one horribly volatile market 'Healthy jobs report'? Experts estimated 178k jobs and 312k was the actual count.
Source: washingtonpost - 🏆 95. / 72 Read more »
These are the three things markets are expecting to hear from the Fed and Jerome PowellThe Fed is expected to leave interest rates unchanged at its meeting this week, and chairman Jerome Powell is expected to go out of his way to not rock financial markets. FED pauses = WARNING SIGN FED hikes = Market gets worried
Source: CNBC - 🏆 12. / 72 Read more »
Fed will be patient, sensitive to risks in markets: PowellFederal Reserve Chairman Jerome Powell on Friday eased concerns in financial mar... Someone should tell the Chairman that Trump fires people over Twitter. He’s professional like that. Because the fed is a private foreign corporation.
Source: Reuters - 🏆 2. / 97 Read more »
Fed chief Powell just walked back his autopilot remark and the financial markets love itFed Chairman Jerome Powell changed his tone on Fed policy, walking back a comment he made in December that rattled markets and made him sound rigid about the Fed's balance sheet. Ee
Source: CNBC - 🏆 12. / 72 Read more »