No Fed interest rate hikes in 2019 - why is the stock market not happy about this?
Mrs. Mag. Monika Rosen-Philipp (Head of PB Research) interviewed by Sebastian Leben B.A.
Fed Chairman Jerome Powell announced at the Fed meeting that there should be no further interest rate hikes in the US in 2019. What exactly did he say and what does that mean? And why are the stock exchanges not happy about it? Is the time over, when the stock markets are looking forward to an expansionary monetary policy?