Markets

Economist Ed Yardeni explains why the Fed action is ‘most important’ factor for the stock market — even more so than the election — ahead of Powell’s speech Thursday

Ed Yardeni told CNBC on Monday that Fed chair Jerome Powell’s speech on Thursday will be “very important.” The economist expects continued dovish remarks from the Fed, and said the central bank will target average inflation but won’t mind if it runs above 2%. Yardeni said that Fed action is […]
Economist Ed Yardeni explains why the Fed action is ‘most important’ factor for the stock market — even more so than the election — ahead of Powell’s speech Thursday