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Wall Street briefly spooked by Powell's remarks

New York Post - 11 Jan 2019 05:16
Wall Street briefly spooked by Powell's remarks Wall Street is still not sure what to make of Federal Reserve chief Jerome Powell. Stocks, which closed in the green Thursday, briefly dipped into the red after Powell pointed to more monetary tightening ahead, including continuing to shrink the Fed's $4 trillion balance sheet. "It will be substantially smaller than it is now," Powell...
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