After Fed Inflation Policy Speech, Stocks Closed At New Record High
-
-
Published Friday, August 27, 2021 at: 7:10 PM EDT
Federal Reserve Chairman Jerome Powell today said the United States has made progress in managing inflation as well as employment, marking the start of a new phase in the central bank’s policy for achieving its dual mandate of full employment and price stability. “We have said that we would continue our asset purchases at the current pace until we see substantial further progress toward our maximum employment and price stability goals, measured since last December, when we first articulated this guidance,” Mr. Powell said. “My view is that the ‘substantial further progress’ test has been met for inflation.” Before today’s speech, Mr....
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
2021
-
With Economic Recovery Intact, Stocks Are Near Record Again
-
Are The Five Stocks Driving The Market's Great Returns Overvalued?
-
Despite Gloomy Jobs Report, The Economic Outlook Remains Bright
-
S&P 500 Rebounded Today After A Difficult Week And Month
-
China Financial Contagion Fears Come And Go In A Few Days
-
August Retail Sales Indicate The Recovery Is Intact
-
This Week’s Financial Economic News
-
Latest Financial Economic News For Investors
-
After Fed Inflation Policy Speech, Stocks Closed At New Record High
-
Stocks Closed 1% Off All-Time High; Strong New Economic Data
-
Stocks Broke Record High Again This Week
-
U.S. Jobs Picture Improved, Covid Variant Risk Declined, And Stocks Closed Week At Record
-
This Week’s Economic And Investment News
-
Positive Earnings, Housing, and LEI News; Stocks Closed Week At A Record
-
Today Versus Post-War History Of U.S Economic Cycles
-
Stocks Surged 1.1% Today, Closing At A Record High For The Third Straight Week
-
Strong Jobs Report Confirms Recovery
-
What's Ahead For The Second Half Of 2021?
-
Despite Strong Economic News, Stocks Dropped This Past Week
-
Stocks Closed At A Record High; What's Expected For The Rest of 2021?
-
Jobs Situation Report Pushes Stocks A Fraction From All Time High
-
Inflation Rate Doubled In Past Two Months
-
Fed Signals It's Thinking About Starting To Talk About Tightening
-
Expect Inflation To Make Investors Nervous Through 2021
.png)
