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Market Movers Dip Amidst Powell’s Hawkish Testimony

Market Movers Dip Amidst Powell’s Hawkish Testimony
Market Movers Dip Amidst Powell’s Hawkish Testimony On Thursday, US stock index futures saw a minor decrease as Federal Reserve Chair Jerome Powell reiterated the market’s hawkish position regarding interest rate hikes. Powell’s remarks during his testimony increased expectations of further rate increases if the economy continues on its current trajectory. However, financial markets are […] The post Market Movers Dip Amidst Powell’s Hawkish Testimony appeared first on FinanceBrokerage... Read More
Posted: Jun 22 2023, 16:06
Author Name: financebrokerage
Views: 110716

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