Stock markets reacted rapid growth to plans Federal Reserve System United States of America America to slow down rates of increase of a rate

@Kommersant
Show original
Yesterday share indexes of United States of America sharply grew after performance of chapter Federal Reserve System United States of America America Jerome Khayden Powell. He let know that its department will slow down rates of increase in base discount rate. "Time for delay of rates of increase of a rate can come soon enough, for example already during December meeting" — mister Jerome Khayden Powell noted. These words were apprehended by the market as intention Federal Reserve System United States of America America to depart from recent practice to raise a rate at once for 0,75% and this time to go for more moderate increase — for 0,5% — in December. Investors very positively apprehended performance of chapter Federal Reserve System United States of America America: the Dow Jones index jumped up...
Analysis
×
Jerome Khayden Powell (Jay Powell)
Last position: Chairman of the board of governors (FRS)
1
FRS
Main activity:Finance
136
S&P Global Inc
Main activity:Printing services
110