Wall Street closes lower after Fed Chair Powell says more hikes are ahead
Written by Black Hot Fire Network on September 20, 2023
3:30 p.m. ET, September 20, 2023
Powell: Autoworkers strike, surging oil prices and government shutdown threat add "so much uncertainty" to the economy
From CNN's David Goldman
United Auto Workers members attend a rally in Detroit on September 15.
Paul Sancya/AP
The Federal Reserve has a tough job making sense of America's economic data and predicting the future on a good day. Add a United Auto Workers strike, oil prices nearing $100 a barrel, gas prices hitting $4 in 11 states and the possibility of a government shutdown ... and that makes for . . .
