Sponsor – What did investors like least about Fed Chairman Powell’s words?

The leading indices on Wall Street fell yesterday in a volatile trading day amid the Fed’s interest rate announcement and the press conference that followed it. The Fed’s forecast for inflation and interest rates rose yesterday alongside the announcement of the third consecutive interest rate hike of 0.75%.

Yoni Penning, the markets strategist of Bank Mizrahi Tefahot, is a guest on Sponsor TV, explains what investors liked least about Fed Chairman Powell’s words at the press conference yesterday, and where we go from here. Watch the interview live –