Wednesday, November 28, 2018

Trump effect? Fed#39;s Jerome Powell turns dovish, says rates near neutral

Trump effect? Fed#39;s Jerome Powell turns dovish, says rates near neutral The possibly dovish shift in language on Wednesday came as President Donald Trump stepped up attacks on Powell, criticizing the Fed#39;s rate hikes as undercutting his economic and trade policies.

from Moneycontrol Business News https://ift.tt/2RknTBV
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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...