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Transcripts For FBC After The Bell 20180227

Economy and wallet first time as chairman of Federal Reserve. What Jerome Powells testimony means for you and your money. Among our guests at this hour, James Freeman from the wall street journal, art laffer, former Economic Advisor to president reagan and judge Andrew Napolitano. David what a lineup. Back to the markets, dow ending at session lows after new Federal Reserve chairman Jerome Powell testified on capitol hill. Nicole petallides on floor of new york stock exchange. Really went south at the end. I think were just at about the 300 mark to the negative side of the dow. Thats right. Over last couple days we actually saw the gains of about 750 points almost over last two days. So giving some of that back today, but a dramatic move here right at the end of the day, finishing at session lows, not a great sign for the. Fed head powell talking about economy growing. Wage growth on way upside. Gradual increases likely. Well hear more in march. The dow finishing down 300. That was ses

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