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Jay Powell’s Plan To Kill The “Fed Put” | Danielle DiMartino Booth

Forward Guidance

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The Daily Feather and Institutional

Daniel Martin: What do you think about Powell's mood? He seemed maybe a little less spirited to me than in previous meetings, or is that not fair? The way you see it, Daniel, he's a man on a mission. It can't be easy for any man. Many people vilify him. But if he can succeed in maintaining the shrinkage of the balance sheet and never go back to the zero bound,  that's one hell of a legacy. Just for him.

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