Stocks rise as Powell cautious on stimulus withdrawal

, Stocks rise as Powell cautious on stimulus withdrawal,

Stock markets jumped Friday after Federal Reserve chief Jerome Powell took a cautious stance on a potential withdrawal of the central bank’s huge economic stimulus measures later this year. Wall Street rebounded from losses while European stock markets rose after a quiet day as Powell delivered his much-anticipated speech at the virtual Jackson Hole central […] The post Stocks rise as Powell cautious on stimulus withdrawal appeared first on Digital Journal.
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