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Formerly TwitterMohamed A. El-Erian
elerianm
Posted earlier:
As a follow-up to yesterday's #FederalReserve press conference, here are some thoughts on why Chair Powell's surprisingly dovish tone and content may end up being appropriate...though not for the reasons he put forward.
www.ft.com/content/aa8c68f7-9dad-465f-ab92-c64c38337a84
#economy…
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Mohamed A. El-Erian
elerianm
From @CNBC, the day after the #FederalReserve's policy announcement and the Chair's press conference.
So much for the effectiveness of the Fed's forward policy guidance.
While the concept of forward policy guidance is sound, the way it has been implemented in recent years has… pic.twitter.com/8C1wVHYWEJ
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Christophe Barraud🛢🐳
C_Barraud
🇺🇸 #FED BOWMAN REPEATS WILLING TO HIKE IF INFLATION STALLS, REVERSES - BBG
*BOWMAN: STILL SEE A NUMBER OF UPSIDE INFLATION RISKS
*BOWMAN: STILL EXPECT #INFLATION WILL FALL WITH RATES HELD STEADY
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