The American Stock Exchange announced the "fire" because their new president optimistic

According to the Reuters news service, at the hearing, this view before Congress first post head of the central bank, Mr. Powell expressed optimism that the statistics for economic growth in the United States said that the rise in consolidating your beliefs about inflation.

When the chairman of the association of the assessment of the proposed housing transactions increases the stakes, said they would raise interest rates four times a year in 2018.

The U.S. Treasury interest rates also increased. The change of VIX Index Measured by multi-hop 2,79 Wall Street's biggest growth point in nearly three weeks of the day, up to 18,59.

A chairman of the two hearing association, this time in time-sensitive stock market, the United States and the world capital are trying to recover from a number of new sales. Sold in the first month of the Wall Street, the market has entered a state of adjustment, reduction in the 10% set from a record 26 a day. That is one of the main reasons causing surge is selling rate.

A signal in preparation for a speech, Mr. Powell said, their progress will maintain interest rates from the current cost. However, the announced time occurred in the hearing of the deal seems to make the world a panic.

"He said he had the impression that the economy is more and more strong. This is the interest rate can be increased by 4 times this year, Michael O'Rourke, responsible for marketing strategy is jonestrading, comments.

At present, the market will almost certainly raise their interest rates next month in December last year in the forecast, the Association issued a raised interest rates three times in the year 2018. At the meeting, in March, they will make new predictions, including the prediction of the interest rate, the time on the road.

The third day of the opening transaction key, the Dow Jones index 1,16%, 25.410,03 S & P 500 index lost 1,27%, 2.744,28. The NASDAQ index fell 1,23%, 7.330,35.

This is the biggest advantage of the decline of his major U.S. stock index from two days in August.

"Certainly will raise interest rates, but I don't think we are in a dangerous place, or they will push interest rates soaring," Mark Kepner, Artemis trading company, evaluation.

NYSE on the floor, 3,38 stock price in this new version has a stock rose. On the floor of the Nasdaq, the stock proportion increase, reduce the cost of 3,07 - 1.

There are about 7,4 million shares were invested in Wall Street hand version, then the 8,3 average of $2 billion a day in recent trading, according to Thomsen Reuters data.