CNN The Lead With Jake Tapper July 7, 2024
powell. taming inflation, powell warns, will require some painful let's get straight to the business correspondent. powell's warning really led to a jolt on wall street. that's a pretty significant drop. >> really spooking wall street and main street in terms of the messaging we heard here. we haven't seen a day like this in the market since mid june. every sector in the s&p closed lower today. it was a broad-based sell-off as investors parse through what the federal reserve chairman was trying on get across. he talked about the fed will not stop raising interest rates until they are...
Source: archive.org