Stocks Green, Bitcoin Up, as Powell Takes Back Seat
source link: https://www.trustnodes.com/2022/09/21/stocks-green-bitcoin-up-as-powell-takes-back-seat
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Stocks Green, Bitcoin Up, as Powell Takes Back Seat
Stocks have chilled out for today, up a bit in all indexes following a re-pricing regarding expectations of a further 0.75% interest rate hike.
Since then however there have been suggestions Jerome Powell, the Fed chair, will also start chilling out with future rate settings to potentially start being more nimble.
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