Federal Reserve Chairman Jerome Powell will take the podium at the Eccles Building Wednesday afternoon for his 39th “Fed Day” since becoming the world’s most influential central banker back in 2018.
That’s better than the roughly 0.2% average gain for the large-cap index under Powell’s predecessor, current Treasury Secretary Janet Yellen, who served as Fed chief for just one term between 2014 and 2018. So far, 2022 has been a rocky year for stocks and bonds, with the S&P 500 down 19.6% as the Fed has aggressively raised its benchmark interest rate at the fastest pace since at least the 1980s to try and tame rampant inflation.
It reacted… standard and poorly
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »