“The economy is very strong and inflationary pressures are higher, and it is therefore appropriate in my view to consider wrapping up the taper of our asset purchases … perhaps a few months sooner,” Powell said. “I expect that we will discuss that at our upcoming meeting.”
Dow Jones Futures Today
Dow Jones futures were 1% above fair value, even with CRM stock weighing on blue-chip futures. S&P 500 futures rose 1.3%. Nasdaq 100 futures jumped 1.6%.