HOURS AGO: SHOCKING Reversal on Fed Rate Hikes

5 months ago
695
Finance Stock Market fed fed rate hikes federal funds rate federal reserve board fomc interest rate hike interest rates stock market jerome powell

Jerome Powell just reversed the Federal Reserve's position on interest rates, and this caused the stock market to crash. The stock market crash was caused by Powell's reversal on Fed rate hikes during a warning that he gave while speaking at the IMF today. After the FOMC meeting, Powell seemed dovish, but today he was quite hawkish. The Federal funds rate is expected to increase at the next Federal Reserve board meeting, and this sent interest rates on bonds skyrocketing, which in turn caused a significant stock market crash today. This and the rest of the stock market news today you need to know about.

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HOURS AGO: SHOCKING Reversal on Fed Rate Hikes

#stockmarket #stockmarketnews #federalreserve #investing #stocks #invest #investment #investor #stockmarketcrash #options #jeromepowell #powell #investments #investors #imf

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