SHV - The Fed Hits The Brakes
By Mary Anne, Pamela Aden
This is not uncommon. It's happened many times before, and it's happening again. A while back, for instance, the Fed head, Jerome Powell, said he didn't think the Fed should be involved in the markets. And once he took over, he continued raising interest rates.
This was a key factor driving the stock market lower at the end of last year, fueling negative comments from President Trump. The pressure mounted and soon Powell began to change his tune. He took a wait-and-see stance on interest rates and this was an