Tag: surgeeven

Jerome Powell could spark a serious stock market surge—even though he’s not cutting rates, Wall Street guru Ed Yardeni says

Investors will be closely watching Federal Reserve Chairman Jerome Powell’s press conference after next week’s rate-setting meeting. Federal Open Market Committee (FOMC) officials are widely expected to hold interest rates steady on June 12, as inflation has stuck well above its 2% target and consumers are proving largely resilient to higher borrowing costs. But with […]