Jackson Hole Symposium: Powell Reiterates FED's Stance | India Tonight | ET Now
Stocks on Wall Street not taking the cues from Federal Reserve's Chairman Jerome Powell's speech at Jackson Hole too well. All 3 major indices on wall street were struggling. Investors seem to be not too happy about the fact that Powell has reiterated that Fed will continue to raise rates to fight inflation. Powell also warned against 'prematurely' loosening policy. Saying that history has cautioned against this. He also said that the quantum of the next hike will hinge on the totality of the data. On India Tonight, ET Now's Vikram Oza dives into Powell's speech as we are joined by Peter Cardillo, Chief Market Economist, Spartan Capital Securities LLC, and Craig Erlam, Senior Market Analyst, OANDA...tune in!
#wallstreet #indiatonight #etnow
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3
Subscribe Now To Our Network Channels :-
Times Now : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF
To Stay Updated Download the Times Now App :-
Android Google Play : https://goo.gl/zJhWjC
Apple App Store : https://goo.gl/d7QBQZ
Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com