Image Image Image Image Image Image Image Image Image Image Image Image

| July 20, 2018

Scroll to top

Top

No Comments

Will the wild stock market cause the Federal Reserve to slow interest rate hikes? And should it? -

Will the wild stock market cause the Federal Reserve to slow interest rate hikes? And should it?

Financial markets delivered an unwelcome gift for Jerome H. Powell when he was sworn in last week as chairman of the Federal Reserve — a nosedive.

Triggered by fears of rising inflation and interest rates, the Dow Jones industrial average’s record 1,175-point plunge on Feb. 5 kicked off the worst…


L.A. Times – Business

Submit a Comment