HomeMarketsU.S. EconomyBreaking Down Powell's Comments After 25BPS Rate Cut
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Breaking Down Powell's Comments After 25BPS Rate Cut

Breaking Down Powell's Comments After 25BPS Rate Cut

Powell had “a goal to say absolutely nothing, and he passed with flying colors,” says Danielle DiMartino Booth. She discusses Powell’s different answers, saying he was very well prepared, and says he is right to focus on employment risks right now. She thinks it is a mistake to discount the lag effect of Fed policy.

Market On Close

07 Nov 2024

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