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Issue of raising rates next year. >> we know that moving too slowly, keeping interest rates to low for too long could risk other issues with the form of higher inflation or destabilizing financial imbalan imbalances. >> that is fed speak. the two words that sent the dow 620 points higher. powell said the rates are just below the so-called neutral range. that is the level central ban r bankers will believe will move the rates. the fed left rates unchanged this month. investors believe the fed may hike rates once or twice next year as opposed to earlier forecasts of three or four rate hikes. the...

Investors they would not kill off economic growth by raising rates next year. >> we know moving too fast would risk shortening the expansion. we know moving too slowly, keeping rates too low for too long could risk other distortions with higher i inflati inflation. >> the two words that sent the dow higher. powell said rates are just below the so-called neutral range. in october, he said interest rates are still a long way from neutral. that is a shift. the fed left rates unchanged, but expected to raise rates in december. investors said the comments were a sign the fed will only hike rates on...