The Fed Reserve Keeps Interest Rates Near Zero; Powell Calls Markets “Frothy”

Name: The Fed Reserve Keeps Interest Rates Near Zero; Powell Calls Markets “Frothy”
Uploaded: 2021-04-29T21:53:19Z
Duration: 1 min 111 s
Description: Federal Reserve Chair Jerome Powell described the markets as “frothy” Wednesday and indicated that low federal interest rates, along with high rates of Covid-19 vaccinations, are driving the markets. Nik De reviews Powell’s remarks as well as President Biden’s and how they are being received in the crypto industry.

Apr 29, 2021

Federal Reserve Chair Jerome Powell described the markets as “frothy” Wednesday and indicated that low federal interest rates, along with high rates of Covid-19 vaccinations, are driving the markets.

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