Coverage of Federal Reserve Chairman Jerome Powell's Congressional testimony highlighted
his optimism about economic growth and its implications for future interest rate hikes.
«The extreme
optimism about economic growth this year has cooled as the hard data have come in constructive but not exceptional,» wrote Michelle Meyer, Bank of America Merrill Lynch's US economist, and her colleagues in their research.
Not exact matches
November's US elections have buoyed investor
optimism about the potential for tax reform, increased infrastructure spending, reduced regulation and accelerating
economic growth.