Fed Chair Jerome Powell Calm As Bond Markets See Stagnation, Interest Rate Cuts

Fed Chair Jerome Powell Calm As Bond Markets See Stagnation, Interest Rate Cuts

Often, it is what is not said that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to skirt the issue of inflation and raise interest rates during a central bank conference in Stockholm this week, as markets bet on his earlier hawkish signals, could be as pivotal as his speech in late August …

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