Published Date Oct 19, 2023

In a nail-biting hour of twists and turns, the financial markets took a wild ride as Federal Reserve Chair Jerome Powell sat for an interview with Bloomberg during an event organized by the Economic Club of New York.

Powell’s remarks on Thursday afternoon triggered shifts among stocks, currencies and bonds echoing the market responses typically seen following his press conferences following Fed rate-setting meetings.

READ MORE: Powell's Interest Rate Remarks Trigger Thursday Roller Coaster: What Did Fed Chair Say?

By Caroline Gaudette

772 Views,

Flag

Please sign in to flag this as inappropriate.

• Tweet