Fed Chair Powell says smaller interest rate hikes could start in December

theold

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01-12-2022, 07:16 AM

Following Powell’s speech, the probability for a half-point move rose to 77%.

Wall Street applauded the remarks. The Dow Jones Industrial Average closed up 737 points, or 2.18%, to snap a three-session losing streak. Tech stocks fared even better, with the Nasdaq Composite roaring 4.41% higher.

https://www.cnbc.com/2022/11/30/fed-chai...ember.html

(This post was last modified: 01-12-2022, 07:17 AM by theold.)

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Fed Chair Powell says smaller interest rate hikes could start in December - by theold - 01-12-2022, 07:16 AM

RE: Fed Chair Powell says smaller interest rate hikes could start in December - by limpeh394 - 01-12-2022, 07:20 AM

RE: Fed Chair Powell says smaller interest rate hikes could start in December - by RiseofAsia - 01-12-2022, 07:32 AM

RE: Fed Chair Powell says smaller interest rate hikes could start in December - by sogo - 01-12-2022, 12:16 PM

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