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Dollar declines extend post Powell, November is no longer live but future rate hikes still on table

Dollar declines extend post Powell, November is no longer live but future rate hikes still on table
Wall Street went on a mini rollercoaster ride during Fed Chair Powell’s speech. Powell’s comments were mostly in-line with other officials and support the belief that policy might not be “too tight” and future rate hikes may be needed. Powell’s comments support their higher for longer mantra, but fell short of signaling a rate hike […]... Read More
Posted: Oct 19 2023, 17:27
Author Name: marketpulse
Views: 092148

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