Markets Soar as Fed Chair Says Rates are Just Below ‘Neutral’
This article was originally published on ETFTrends.com.
With the latest bouts of volatility roiling the capital markets, investors were hanging on every word of Federal Reserve Chairman Jerome Powell’s speech at the Economic Club of New York on Wednesday and they apparently liked what they heard as the Dow Jones Industrial Average soared past 400 points as of 12:45 p.m. ET when [...]