Fed Chairman Powell now sees current interest rate level 'just below' neutral

Fed Chairman Powell now sees current interest rate level 'just below' neutral  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  VIEW IN BROWSER WED, NOV 28, 2018 EVENING BRIEF Fed Chairman Powell now sees current interest rate level 'just below' neutral AS OF WED, NOV 28, 2018 • 04:04 ET DJIA 25366.37 +2.50% +617.64 S&P 500 2743.78 +2.30% +61.61 NASDAQ 7291.59 +2.95% +208.89 Most Active DOW NAME LAST CHG %CHG MSFT 111.12 +3.98 +3.71% AAPL 180.94 +6.70 +3.85% INTC 48.86 +0.79 +1.64% S&P 500 NAME LAST CHG %CHG AMD 21.34 +0.29 +1.38% GE 7.74 +0.30 +4.03% BAC 28.43 +0.69 +2.49% NASDAQ NAME LAST CHG %CHG MSFT 111.12 +3.98 +3.71% AAPL 180.94 +6.70 +3.85% MU 38.71 +1.71 +4.62% TOP NEWS Dow surges 600 points, biggest rally in eight months, after Powell signals rates are near neutral Fed warns that a 'particularly large' plunge in market prices is possible if risks materialize CVS creates new health-care giant as $69 billion merger with Aetna officially closes Trump says auto tariffs 'being studied' after GM restructuring announcement Deere CEO expects trade war to have a long-lasting impact on agriculture House Democrats nominate Nancy Pelosi to be next speaker as opposition falters Google CEO Sundar Pichai will face Congress next week Nasdaq plows ahead to launch bitcoin futures despite cryptocurrencies' bear market Google's cheap and super-simple cell phone service will now work with iPhones TOP VIDEO Amazon Web Services Jassy says no plans on the horizon to spin off SPECIAL REPORTS It may sound crazy, but employees are leaving money on the table at work  Looks like everyone is having some trouble saving for retirement Unsubscribe Digital Products Terms of Service   Feedback Privacy Policy   © 2018 CNBC LLC. All rights reserved. A property of NBC Universal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS