Jerome Powell Just Warned of Market Crash: Too Soon to Cut Rates
3 Articles
3 Articles
Daily Fundamental Update: US Markets Fell on Wednesday as Fed Chair Powell Warned About Inflation
Nvidia Stocks Fell More than 6% on Wednesday On Wednesday, US markets fell sharply after Powell’s speech in Chicago as he warned of higher inflation resulting from increasing tariffs. The Fed chairman highlighted the difficulty that the policy markers will face in achieving the Federal Reserve’s dual mandate of controlling inflation and maintaining high employment numbers. Invidia shares suffered big losses yesterday as the stock fell 6.9% by t…
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