Stock Market Crash? Did Jerome Powell Just Save Stocks?

Stock Market Live: A stock market crash seemed likely just two weeks ago.

Did Fed chair Jerome Powell save stocks yesterday and prevent a stock market crash by affirming that interest rate hikes will begin with .25 basis points instead of the expected .50? 

History shows the federal reserve prevents a stock market crash through the use of adjusting interest rates. Effectively rescuing stocks.

Is there an FOMC trading strategy here? When the economy or inflation runs too hot, the FOMC moves interest rates higher.

When the economy and employment looks weak, the federal reserve moves interest rates lower to stimulate growth. Interest rate sensitive stocks such a C Citigroup rallied higher on increased volume after the news hit the stock market.

But was it new news on CNBC? In today's video we answer that question.

=============

Stock Trading Strategies
🥇 Stock Market Power Pyramid - Make Better Trades
https://youtu.be/nn7LSTfXWzI

🥇 Stock Trading Pro Explains - How to Act Like a Pro
https://youtu.be/pLhPpbqmYJQ

Join Our Free Trading Group:
https://www.facebook.com/groups/toptradingpros/