The Dow surged 600+ points after Jerome Powell, the Chair of the Federal Reserve, said that current interest rates are near neutral. Chris Versace, Chief Investment Officer at Tematica Research, breaks down why this impacted the markets.
The Dow surged 600+ points after Jerome Powell, the Chair of the Federal Reserve, said that current interest rates are near neutral. Chris Versace, Chief Investment Officer at Tematica Research, breaks down why this impacted the markets.