By Laila Kearney NEW YORK (Reuters) - Comments by Federal Reserve Chair Jerome Powell that benchmark U.S. interest rates were "just below" neutral sparked a sharp rally on Wall Street on Wednesday, easing investor worries about the pace of rate hikes by the U.S. central bank next year
from Latest News Business on Firstpost https://ift.tt/2TUh2AT
Thursday, 29 November 2018
Wall Street surges on hints of fewer rate hikes, dollar falls
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment