video The US dollar has been suffering lately on increasing bets that the Fed will cut rates massively next year. The latest strong hit came from Fed Governor Waller earlier this week, who said that if the decline in inflation continues for several more months, they could start lowering the policy rate. This was the first time a Fed official, and ...
tweet: POWELL: US FISCAL POLICY IS UNSUSTAINABLE IN THE LONG RUN tweet: *POWELL: WE GOT A LOT OF PAYBACK THIS YEAR FROM RATE HIKES tweet: Powell: "The economy has repeatedly surprised us and all other forecasters." "The data will tell us whether we've done enough, whether we need to do more." "Let the data reveal the appropriate path. We don't need to be in a rush now." https://t.co/0s9cCieEPm tweet: FED'S POWELL: THERE IS A PATH TO GETTING INFLATION DOWN TO 2% WITHOUT LARGE JOB LOSS, AND WE ARE ON THAT PATH.