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A summary of the headlines from Fed Chair Powell's press conference
Economic Outlook and Monetary Policy:The unwinding of the pandemic effects make this cycle unique. We are still learning about how it plays out.We may have underestimated balance sheet strength households, businesses. There can still be more of that than we think in terms of savings.Don't think there's been a structural change in consumption.Risks are getting more balanced on doing too much versus doing too little.Until now, concern was not doing enough on rates. Now we are still trying to gain...
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Posted: Nov 1 2023, 20:07
Author Name: forexlive
Views: 112226
