(BFM Stock Exchange) – The Parisian index won 0.28% on Tuesday, February 11, while the central banker said that the Fed was not in a hurry to reduce its guiding rates.

The CAC 40 is continuing a second increase session this Tuesday, February 11. The Parisian index won 0.28% to settle at 8,028.90 points, and consolidate above the key threshold of 8,000 points.

The main meeting of the market took place this afternoon with the hearing of the President of the Federal Reserve (Fed), Jerome Powell, before a Senate committee. Unsurprisingly, the central banker tempered on the potential drops in key rates.

“The economy is overall strong and has made significant progress towards our objectives in the past two years. We do not need to rush to adjust our monetary policy,” said the official, according to comments reported by Reuters.

Beneteau all sails outside

The official also abstained from any political comment linked to the Trump administration. Jerome Powell will be auditioned on Wednesday, this time before a commission from the House of Representatives.

On the business side, the results of Kering, although a tantinet less bad than expected, did not frankly aroused the side of the market. The action ended up 1.3% after increasing by more than 6%.

Essilorluxottica won 1.7%, taking advantage of a Jefferies note which noted his advice on the title, going from “keeping” to “buy” as well as his lens of courses at 310 euros against 195 euros previously.

Except CAC 40, the specialist in Plaisance Beneteau jumped 17.7% after delivering a better activity than expected in the fourth quarter.

In other markets, the euro takes 0.5% to 1.0348 dollars. The April contract on the Brent de Mer of the North advances 1.1% to $ 76.72 a barrel while that of March on the WTI listed in New York takes 1% at 73.02 Dollars per barrel.