Fed Chairman's Remarks Spark Market Rally

The Dow Jones Industrial Average surged more than 600 points, erasing its November decline, after Federal Reserve Chairman Jerome Powell eased investor worries about an aggressive increase in interest rates.

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    The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves ...
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  • Chair of the Federal Reserve
    The Chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, which is the central banking system of the United States. The position is known colloquially as "Chair of the Fed" or "Fed Chair". The chair is the "active executive officer" of the Board of Governors of the Federal Reserve System.
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  • Fed Chairman's Remarks Spark Market Rally | WOPULAR
    US Fed chairman’s speech boosts Wall Street The spark for the market rise was a sentence ... partly in response to Powell’s October 2 remarks and concerns over the impact of the trade war with China, the stock market experienced significant ... 11/28/2018 - 5:22 pm | View Link; Fed Chairman’s Remarks Spark Market Rally
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  • Opinion | Time for the Fed to Cut Interest Rates
    The editorial board represents the opinions of the board, its editor and the publisher. It is separate from the newsroom and the Op-Ed section. Jerome Powell, chairman of the Federal Reserve ...
    07/12/2019 - 10:49 am | View Website
  • Jerome Powell Didn’t Say Fed ‘Rate Cut,’ and That Matters ...
    The Fed chair’s remarks weren’t as dovish as some might have initially thought. ... what seemed to spark the quick rally was that Powell said the Fed was “closely monitoring” the impact of ...
    06/4/2019 - 11:13 am | View Website
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