Skip to content

The Stock Market’s Reaction To One Person’s Comments

Wall StreetToday’s article explains how the stock market may have reacted to U.S. Federal Reserve Chair Janet Yellen’s comments about interest rates. Here’s what they had to say, “Yellen, in her semi-annual testimoney before the Senate banking committee, used a word familiar to investors when she reiterated that the central bank will be “patient” on raising interest rates for the first time since the 2008 financial crisis. Traders took that as a sign that interest rates would remain unchanged until autumn.” To read more, CLICK HERE.