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๐บ๐ธ Powell says the policy rate is now about 100 basis points closer to neutral than it was a year ago.
Read more: ct.com
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PulseWire
Read more: ct.com
News | Markets | YouTube
PulseWire
โค4๐2
๐บ๐ธ Now: Key takeaways from Powellโs FOMC press conference
โข Risks have shifted toward hiring and jobs, not just inflation
โข Labor supply is weakening as demand remains strong
โข The Fed abandons its flexible average inflation targeting approach
โข Stable inflation expectations are no longer assumed
โข Signals a potential rate cut in September
Read more: ct.com
News | Markets | YouTube
PulseWire
โข Risks have shifted toward hiring and jobs, not just inflation
โข Labor supply is weakening as demand remains strong
โข The Fed abandons its flexible average inflation targeting approach
โข Stable inflation expectations are no longer assumed
โข Signals a potential rate cut in September
Read more: ct.com
News | Markets | YouTube
PulseWire
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