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Fed Chairman Powell Navigates the Inflation Debate
By Nick Timiraos & Paul Kiernan
Why the Fed is winding down the party on Wall Street (and what it means for you)
By Allison Morrow
Powell Signals Fed Could Start Removing Economic Support
By Jeanna Smialek & Madeleine Ngo
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Formerly TwitterMohamed A. El-Erian
elerianm
From the Bloomberg article on “Inflation’s Stubborn Start to 2024 Blamed Partly on Powell Pivot.”
This quote is another way of expressing my long-held concern that, after the humiliating 2021 policy mistake, the Fed became excessively data dependent and overly reactive in its… pic.twitter.com/EWq0EM3ezw
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Mohamed A. El-Erian
elerianm
From “bumps on the road” to “lack of progress” and greater uncertainty:
Federal Reserve Chair Powell hardens his characterization of inflation.
#economy #markets
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*Walter Bloomberg
DeItaone
POWELL SAID FIRM INFLATION LAST QUARTER HAS INTRODUCED NEW UNCERTAINTY OVER WHEN AND WHETHER THE FED WILL BE ABLE TO LOWER RATES LATER THIS YEAR
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Powell sees taper by the end of the year, but says there's 'much ground to cover' before rate hikes
By Jeff Cox
Jerome Powell Signals The Fed May Soon Start Reducing Aid
By Scott Horsley