US EditionFed’s Powell Avoids Rate Commitment, Highlights Meeting-by-Meeting Approach - Data Intelligence
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5 Articles
As much as they were waiting for clarification on the Fed's monetary policy, everyone heard what he wanted to hear after Jerome Powell's visit to the Financial Affairs Committee of the House of Representatives in the United States.
Fed’s Powell Avoids Rate Commitment, Highlights Meeting-by-meeting Approach - Data Intelligence
Fed Chair Jerome Powell refrained from signaling any clear path for rate policy during his appearance at the ECB’s Sintra forum, emphasizing that a July cut is neither guaranteed nor ruled out. “I really can’t say,” Powell responded when asked whether July is too soon for a move. “We are going meeting by meeting,” he added, avoiding any pre-commitments. Powell’s remarks come as markets increasingly price in a September rate cut, with futures now…
Fed’s Powell avoids rate commitment, highlights meeting-by-meeting approach - Action Forex
Fed Chair Jerome Powell refrained from signaling any clear path for rate policy during his appearance at the ECB’s Sintra forum, emphasizing that a July cut is neither guaranteed nor ruled out. “I really can’t say,” Powell responded when asked whether July is too soon for a move. “We are going meeting by meeting,” he […] The post Fed’s Powell avoids rate commitment, highlights meeting-by-meeting approach appeared first on Action Forex.
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