Powell quiets stock cacophony by scoffing at US recession talk - BNN

While history suggests it won’t last, an emotion approaching euphoria descended on equity markets Wednesday after U.S. Fed Chair Jerome Powell persuaded investors his first interest rate hikes in four years won’t throttle the economy.

While history suggests it wont last, an emotion approaching euphoria descended on equity markets Wednesday after Federal Reserve Chair Jerome Powell persuaded investors his first interest rate hikes … [+4518 chars]

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