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Press Conference: https://www.youtube.com/watch?v=Wy0_JtAMjps https://www.youtube.com/watch?v=Wy0_JtAMjps I haven't watched it yet, but Powell's speech is trad
by dragontamer 3y ago
Press Conference: https://www.youtube.com/watch?v=Wy0_JtAMjps https://www.youtube.com/watch?v=Wy0_JtAMjps
I haven't watched it yet, but Powell's speech is traditionally the more important thing with FOMC meetings, because the speech gives more insight into what the FOMC was worried about / not worried about / etc. etc.
The +25 BPS was long predicted. All eyes are on September, and the only hint at what happens in September is what Powell said today (and the questions the press asked him).