Powell Gives Tech a Lift by Taking Larger Hikes off the Table
- Date: 05-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Powell Gives Tech a Lift by Taking Larger Hikes off the Table
(Bloomberg) -- The Federal Reserve gave a much needed shot in the arm of technology stocks on Wednesday by ruling out an more aggressive rate hike path and reassuring the U.S. economy remains strong.
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