(unch on STRONG VOLUMES)while WE slept; the elephant (JPOW) in the room ...
thebondbeat.substack.com
Good morning … I’m going to begin by attempting to address the Elephant in the Room (without Tim Tebow) … JPOWs SPEECH (HERE) which is what THIS Nick Timiraos WSJ STORY and take is based on … Mr. Powell suggested Fed officials were moving into a new phase of policy tightening in which they would try to judge just how high rates need to rise. “My colleagues and I do not want to overtighten because…cutting rates is not something we want to do soon,” he said. “That’s why we’re slowing down and going to try to find our way to what that right level is.”
(unch on STRONG VOLUMES)while WE slept; the elephant (JPOW) in the room ...
(unch on STRONG VOLUMES)while WE slept; the…
(unch on STRONG VOLUMES)while WE slept; the elephant (JPOW) in the room ...
Good morning … I’m going to begin by attempting to address the Elephant in the Room (without Tim Tebow) … JPOWs SPEECH (HERE) which is what THIS Nick Timiraos WSJ STORY and take is based on … Mr. Powell suggested Fed officials were moving into a new phase of policy tightening in which they would try to judge just how high rates need to rise. “My colleagues and I do not want to overtighten because…cutting rates is not something we want to do soon,” he said. “That’s why we’re slowing down and going to try to find our way to what that right level is.”