Yellen’s comments rattled the market, not the Fed rate hike, Jim Cramer says - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Yellen’s comments rattled the market, not the Fed rate hike, Jim Cramer says (/thread-7731.html)

Yellen’s comments rattled the market, not the Fed rate hike, Jim Cramer says - superadmin - 03-23-2023 CNBC’s Jim Cramer on Wednesday said that the market got distracted by Janet Yellen’s remarks on bank failures rather than focusing on the stability reflected in the Fed rate hike. During Fed Chair Jerome Powell’s press conference, the market whipsawed before falling in response to Yellen’s comments, according to Cramer. CNBC’s Jim Cramer said that the Federal Reserve’s quarter-percent rate hike was not the reason the market tumbled on Wednesday, rather, it was the “tone-deaf” words of Treasury Secretary Janet Yellen. Cramer said the market “would’ve been fine” if it hadn’t been for Yellen saying that the government was not going to bail out shareholders, bondholders, or depositors in the banks that recently failed. - More - RE: Yellen’s comments rattled the market, not the Fed rate hike, Jim Cramer says - Aylarose495 - 09-15-2025 If you’re planning to study abroad, Study Vista offers expert guidance on university applications, visa processing, and scholarships to make the process seamless and stress-free. Their personalized counseling and interview preparation ensure students are fully prepared for destinations like the USA, UK, Canada, and Australia. You can explore all their services and start your journey with confidence at StudyVista.