Nasdaq Records Three-Day Losing Streak After Powell Emphasizes ‘Wait-and-See’ Stance on Rates

MarketWatch consulted Ernie Cecilia, Chief Investment Officer at Bryn Mawr Trust, for his market analysis after Federal Reserve Chairman Jerome Powell indicated that they will continue to monitor the economy before issuing an interest-rate cut. Ernie explained how continued uncertainty in the Fed’s language impacts the markets.

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