Powellarization Ahead Of T-Day
Summary by Zero Hedge
3 Articles
3 Articles
Powellarization Ahead Of T-Day - Nemos News Network
By Benjamin Picton, Senior Market Strategist at Rabobank The FOMC surprised nobody yesterday by opting to keep the upper band of the Fed Funds rate target unchanged at 4.50% while continuing to tighten monetary policy through balance sheet runoff. While the decision was completely predictable, the meeting was notable for the fact that both Christopher Waller and Michelle Bowman dissented in favour of cutting rates. Our US Strategist Phillip Mare…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
Factuality
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