Listen: Wall Street rallies after Federal Reserve adopts more dovish outlook
"You. Baba move higher for the Dow, the s&p and NASDAQ stocks rallied for a third day after the Federal Reserve struck a dovish tone in its latest policy statement. Here's fed chair, Jay Powell since the beginning of the year, we have judged that are current policy stance was broadly appropriate, and that we should be patient in assessing the need for any changes in late of increased uncertainties and muted inflation pressures. We now emphasize that the committee will closely monitor the implications of incoming information for the economic outlook and will act as appropriate to sustain the expansion with a strong labor market and inflation near it's two percent."