Dollar Tumbles, Stocks Soar, as Fed’s Powell Signaled Slowed Rate Hikes in December
Fed Chair Jerome Powel revealed a possible rate-hike pace slowdown. Powell’s speech saw stocks rallying as the dollar tanked. Fed to execute a 50 basis points rate increase in December. It was Fed Reserve’s Chair Jerome Powell to move the financial markets once again. The highly awaited Brookings Institution’s Wednesday speech saw Powell signaling that … Read more