Recently the stock market reacted positively to janet, Business Economics

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Recently the stock market reacted positively to janet

Recently the stock market reacted positively to Janet Yellen’s comment. She had stated that due to the underlying economic weakness abroad and susceptibility of the US economy to such weakness the fed was not going to increase the interest rate as rapidly as widely expected by the market. Why did the market react positively even though Yellen’s comment basically said that the global economy was weak?

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