Reuters
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Markets take 'show me' stance toward Powell, says strategist | REUTERS
Posted
July 9, 2024
Views
784
Likes
18
Engagement
2.30%
July 9, 2024
784
18
2.30%
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4:38Now PlayingSam Stovall, chief investment strategist at CFRA Research, said it was 'interesting' that the yield on the 10-year Treasury rose while Federal Reserve Chair Jerome Powell addressed lawmakers, implying that investors may not be completely convinced that the central bank will be able to lower interest rates sooner than later. Lisa Bernhard has more.
#News #federalreserve #markets #jeromepowell #useconomy #Reuters #Newsfeed
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