Video above published Nov 28, 2018: Fed Chairman Jerome Powell spoke Nov 28, 2018, at the Economic Club of New York (domain: econclubny.org) on the state of the U.S. economy and the pace of interest rates.
Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body.
The stock market reacted very favorably to Chairman Powell's speech:
Tweets by EconClubNYAT THE CLOSE:— CNBC's Closing Bell (@CNBCClosingBell) November 28, 2018
- Dow and S&P 500 post 2nd best day of the year
- Nasdaq has best day since October 25 pic.twitter.com/6u5GhViqJl