The S&P 500 jumped more than 3% on optimism that the Federal Reserve may slow the pace of interest rate hikes.
U.S. stocks closed sharply higher after Federal Reserve Chairman Jerome Powell said the Fed could slow the pace of interest rate hikes
Dec 1 (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday, but some investors believe a looming recession could cap gains in both asset classes. Though asset price ...
