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Fed's Powell Confirms More Cautious Policy Path. Brexit Worries Persist

Fed's Powell Confirms More Cautious Policy Path. Brexit Worries Persist

17 days ago | December 02, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Fed Chair Powell Reinforces Perceptions Of A Less Hawkish Fed Policy Posture After some initial skepticism, I have turned supportive of Fed Chair Powell. What has turned me around has been his real world experience. His approach has been striking me as more pragmatic than the dogmatic approach of the academic Fed economists. I have been favoring a policy pause by the Fed here for several months now. Instead, the more academically inclined members of the Fed policy board seemingly have been hell-bent on a policy normalization at any cost. Recently, there ha

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