Powell’s Dovish Jackson Hole Shift Sparks Rally Across Markets; BTC Blasts to $116K
Federal Reserve Chair Jerome Powell struck one of his most dovish tones in recent memory Friday, calming investors and igniting rallies across stocks and bitcoin, which climbed from the $112,000 range to an intraday high of $116,063. Fed Chair Soothes Markets at Jackson Hole Retreat In his Jackson Hole speech, Powell stressed the Fed will […]