Apr 12, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: Fed Chairman Powell reaffirmes monetary policy
Federal Reserve Chairman Jerome Powell has reaffirmed the loose monetary policy and once again appeared relaxed with regard to the inflation trend. Concerns about an increase in inflation had initially caused a subdued mood on US stock markets at the end of the week. Finally, the indices closed at new record levels. This week, investors will focus on the first quarter earnings season.