Hike and Pause: What the Fed Decision Means for You
Real Vision: Finance & Investing
00:00
Powell's Press Conference on Banking
As expected, 25 basis points, little bit of change in the language of the statement. What stood out to you? Well I found it interesting that he basically started off the presser with a comment on the situation in banking and he told us that the conditions had brought the improved since the last meeting in March. It's kind of a hawkish signal to me that they're not willing to or explicitly accept that banking is vulnerable here.
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