The Fed: Some puzzles left behind after Fed Chair Powell’s press conference
Fed Chairman Jerome Powell’s press conference Wednesday seemed to soothe the markets, with stocks DJIA again hitting record highs and no further flattening of the yield curve BX:TMUBMUSD10Y.
“Chairman Powell actually walked the fine line pretty well today and accomplished what he wanted to,” said Katy Bostjancic, chief U.S. financial economist at Oxford Economics.
As…
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