Watch Live: Jay Powell Soothes Fraying Nerves At Fed Press Conference

Watch Live: Jay Powell Soothes Fraying Nerves At Fed Press Conference

Somebody do something!? Stock markets are down (maybe 1 or 2% from record highs) and while bond yields, commodities, and foreign stocks all signaling anxiety over global growth due to the coronavirus, it seems US traders remain convinced that The Fed can tamp down any global pandemic fears with its liquidity spigot…

So while no mention was made in the statement (not expected), all eyes and ears will be on Powell’s presser now to promise something, anything to save us all…

Watch Live (scheduled to begin at 1430ET):


Tyler Durden

Wed, 01/29/2020 – 14:27

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Author: Tyler Durden

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