Fed sounding board: Powell's turn policy is complete

Bitget2024/08/23 14:14

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“Fed sounding board” Nick Timiraos said in a social media post that today's speech showed that Powell's turn to policy is complete, and that Powell was across-the-board dovish in his speech, having said two years ago during the same period that the Fed would accept a recession as the price of restoring inflation.

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Fed sounding board: Powell's turn policy is complete

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