This former Fed insider has 3 big takeaways from Powell's press conference
Published
Wednesday’s Federal Reserve meeting resulted “in a pause with a hawkish clause,” in the words of KPMG economist Diane Swonk. While the Fed kept its interest rate steady in a range of 5.25%-5.5%. Fed Chair Jerome Powell and his colleagues did not rule out one more interest-rate hike this year. At…
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