New Fed Chair Powell’s Testimony Spooks The Markets | Golden Rule Radio

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The new Fed Chair Jerome Powell testified before the house financial services committee for the first time this week. Powell’s remarks hinted at the possibility of 4 rate hikes this year, moving faster than the December 2017 estimate. The idea of a more aggressive FED was enough to have the DOW closing down on Tuesday & Wednesday. Investors fear a FED overshoot. How did Powell’s comments impact gold, silver, platinum, palladium, and the US Dollar? We’ll explore that on today’s Golden Rule Radio.

https://www.bostonglobe.com/business/2018/02/27/powell-bullish-outlook-economy-rattles-markets/auOmxEzYVJ4ofii53FddTJ/story.html

https://www.wsj.com/articles/global-stocks-struggle-after-bad-month-1519868670

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