The Hourglass Times

Fed Chair on inflation: "We are navigating by the stars under cloudy skies."

Written by Nicole Fichera | Feb 3, 2024 9:55:48 PM

Phew: The stock market breathed a sigh of relief following Federal Reserve Chair Jerome Powell's speech this week in Jackson Hole. His words sent stock prices upwards and put an end to the three-week losing streaks for both the S&P 500 and Nasdaq.