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Powell Q&A: We will be driven by incoming data, meeting by meeting

It is a meaningful change to no longer say we anticipate more firming of policyMy own assessment is that we will have continued growthStaff sees a mild recession, it's independent at last meeting and was broadly similar todayA decision on a pause was not made today, we will decide on June in JuneThe stock market liked when Powell spelled out that the change to the statement was 'meaningful' even if he also outlined that decisions would be taken meeting-by-meeting. At this point, it will take a h... Read More

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Posted: May 3 2023, 18:40

Author Name: forexlive

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