Business & Economy · 38 views
Former Fed Chair Jerome Powell Just Took a Jab at President Donald Trump, While Indirectly Leveling With Wall Street About Inflation
It's been quite the year for Wall Street and America's foremost financial institution, the Federal Reserve.
Summary
It's been quite the year for Wall Street and America's foremost financial institution, the Federal Reserve. Since the start of the year, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have all closed at record levels. As for the Fed, it's under new leadership. The final day of Jerome Powell's second term as Fed chair was May 15 .
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