Feb 28, 2018

02/28/2018: The effect of Jay Powell’s words on the markets

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(Markets Edition) Fed Chair Jerome Powell briefed Congress about the economy yesterday — a day that ended with the Dow dipping almost 300 points. Can we draw a connection between the two events? We'll hear some perspective from Seth Carpenter, chief U.S. economist at UBS Securities and someone who's gotten the chance to work closely with Powell. Plus: We look at the state of Italy's economy as the country prepares to elect a new government.

Segments From this episode

Uncertain mood as Italy prepares to vote

Feb 28, 2018
Unemployment and migration are center-stage as Italy prepares for election.
Massimo Ungaro, a candidate for Partito Democratico (PD) in Sunday’s election.  
Stephen Beard/Marketplace

(Markets Edition) Fed Chair Jerome Powell briefed Congress about the economy yesterday — a day that ended with the Dow dipping almost 300 points. Can we draw a connection between the two events? We’ll hear some perspective from Seth Carpenter, chief U.S. economist at UBS Securities and someone who’s gotten the chance to work closely with Powell. Plus: We look at the state of Italy’s economy as the country prepares to elect a new government.

The team

Stephen Ryan Producer, BBC