US Stock Indices Poised to Fall Further if Fed’s Brainard Turns Hawkish

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5065
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

US Stock Indices Poised to Fall Further if Fed’s Brainard Turns Hawkish

Postby kreslik.news » Mon Sep 12, 2016 5:55 pm


This guest article was written by James Hyerczyk, financial analyst at FX Empire.

U.S. stocks ended Monday’s session sharply higher, after Fed Governor Lael Brainard said it would be wise for the central bank to keep monetary policy loose. This surprised traders because many thought she would offer hawkish commentary. As a result of her comments, all three major indices rallied late to close higher for the day.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

To some, Brainard’s comments may have taken a ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”