Reassurance

Even the Fed’s Desperate Reassurance Isn’t Saving the Nasdaq Correction

Fed Vice Chair Richard Clarida said the central bank would retain low interest rates and let inflation run higher than 2% at times.The Fed’s reassurance isn’t helping the Nasdaq, which has declined by 11.8% since September 2.Investors remain rattled by the pandemic-induced correction despite the Fed’s dovish stance.Federal Reserve Vice

CorrectionDesperateFedsIsntNasdaqReassuranceSaving Read More