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More aggressively over time so it s just moved to some investors just a little too much to stay in the market it seems and adding to the voice is no other than chairman jerome powell making some bold statements today what did he have to say well all unknowns are wrong powell has an optimistic sounding feature and highlighted the strength of the united states economy and its recovery and he also answered questions about the potential of a trade war he said it was too early to say how tariffs imposed by the united states and china might affect growth and inflation but he also stated a potential trade route would have no immediate effect on the fed s plans to continue gradually raising interest rates is here so fishermans q. will keep following those developments with you thank you very much from the new york stock exchange. now the u.s. ....
Plans to limit user data accessible to other companies. and of course facebook being a heavyweight on the new york stock exchange there have been reactions right there let s talk her financial correspondent in new york so fishermans q. s joining us hi sophie it s good to see you well we saw the facebook stock recovered today two percent in part of the trading session so does that mean that more exact words words were enough to calm down investors. well that is exactly what it looks like at the moment it has been a bumpy ride for this stop it dipped into correction territory and facebook shares have fallen more than sixteen percent since three parts of the scandal surfaced in march but now the stock seems to be slightly recovering for the first time really since march and maybe let s see what some dacha bank and wrote in a note to the content and to limerick of that of burke s message gets the first optimistic outlook for the company in weeks so the comments to reporters of ....
Broadness you have work a responsibility and that was a huge mistake it was my but. a mistake that mark second birth will have to answer for in front of leading lawmakers in the us. ten and eleven the social media giant c.e.o. will be testifying before the u.s. congress he will likely talk about how facebook uses and protects user data and its plans to limit use the data extensible to other companies. and of course facebook being a heavyweight on the new york stock exchange there have been reactions right there let s talk our financial correspondent in new york so fishermans q. s joining us hi sophie it s good to see you well we saw the facebook stock recovered today two percent in part of the trading session so does that mean that mark zuckerberg words were enough to calm down investors. well that is exactly what it looks like at the moment it has been a bumpy ride for this stop it dipped into correction territory and facebook shares ....