Daily Scoop 4-28

Fresh Scoop from Pow

 Today's Market: Hanging Steady  S&P 500 Index (aka The Market):  4,183.18⬇️-0.1% 

The Federal Reserve Chairman, Jerome Powell, aka "J-Pow", reassured investors today that the Central Bank doesn't see much cause for concern around inflation yet. So they’re going to keep supporting economic growth for now. Company reports keep showing strength in the economy.

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Reminder...

The Federal Reserve, aka the "Central Bank", controls the whole money system. They dictate the minimum interest rates and can create new money. They keep interest rates low & money flowing when they're trying to stimulate the economy.

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