Fed Chair Jerome Powell’s remarks on valuations triggered a fall from the sessions’ highs for the Dow. However, the Fed Chair was quick to add that it is not the Fed’s mandate to determine what the right stock prices or valuations should be.
Fed Chair Jerome Powell’s remarks on valuations triggered a fall from the sessions’ highs for the Dow. However, the Fed Chair was quick to add that it is not the Fed’s mandate to determine what the right stock prices or valuations should be.