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You can expect a 25 bps cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on | Fortune
“Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on balance sheet policy, the policy framework review, and financial stability,” Deutsche Bank wrote.
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fortune.com
You can expect a 25 bps cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go…
“Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on balance sheet policy, the policy framework review, and financial…
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Wall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’ | Fortune
“Earlier this month, markets shifted more towards a 'central back put' regime," Christian Mueller-Glissmann at Goldman wrote in a note to clients.
