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Powell responds to stock market valuation: Not his responsibility to focus on any single asset
Summary: In response to a question about stock market valuation, Federal Reserve Chairman Powell stated that it is not their responsibility to focus on any single asset. He also pointed out, 'We will not determine if an asset is wrong solely based on its price.'
In response to a question about stock market valuation, Federal Reserve Chairman Powell stated that it is not their responsibility to focus on any single asset. He also pointed out, 'We will not determine if an asset is wrong solely based on its price.'
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Link: Powell responds to stock market valuation: Not his responsibility to focus on any single asset [Copy]