Powell says some asset prices are 'elevated' including stocks

This week's two-day meetings of the Federal Reserve marked the first for Jerome Powell as chairman. "In some areas, asset prices are elevated relative to their historical norms," said Powell during a press conference, citing stocks as an example. Powell took over the central bank's reins from Janet Yellen, who served from 2014 until early February....(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2pul7y6
via IFTTT