The Fed might loosen policy. Jerome Powell assured the Fed remains "data dependent" and that it could adjust the balance sheet based on "financial and economic developments." But It looks like he has backed down and is now bent on pleasing investors. But probably he is changing the course too late.
The Fed might loosen policy. Jerome Powell assured the Fed remains "data dependent" and that it could adjust the balance sheet based on "financial and economic developments." But It looks like he has backed down and is now bent on pleasing investors. But probably he is changing the course too late.
Share this Article
Recommended