We face unprecedented turmoil … Markets tremble by Investing.com

Investing.com – Fed Talk

Federal Reserve Chairman Jerome Powell said the US economy is facing unprecedented turmoil. And the Fed is facing expanding problems with unusual turmoil. And Powell reiterated that the Fed would do everything it could to curb inflation. He added that the current turbulent situation appears to be the new normal for the world.

The American recorded 112,740, or the rise of today’s session, up by 1.47%.

The Fed raised it by 75 basis points on Wednesday to 3.25%.

It is now retreating to session lows to record $ 1,644 an ounce, a loss of 1.63%.

While it is down 2.50% to record the level of 29,325.70.

It deepens its losses at 78.47, down -5.96%, while it drops by 85.78 dollars a barrel, down 5.06%.

–