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Fed Chair Powell Closely Watched By Markets. Brexit Coming To A Head

Fed Chair Powell Closely Watched By Markets. Brexit Coming To A Head

10 Months ago | January 13, 2019 00:00:00

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


Fed Chair Powell Signals Change In Policy Bias Fed Chair Powell has made several appearances recently. His comments after the December 20th rate hike had many wondering if he had misspoken when he said the Fed Quantitative Tightening (QT) was on autopilot. QT and rate rises are seen as two forms of simultaneous policy tightening. These words alarmed the markets at a time when many the economy saw the economy was slowing. Since then, Powell has taken every opportunity to announce to the markets that Fed policy is currently data-dependent and clearly not on

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