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Instant Reaction: Jay Powell on Fed Policy

Bloomberg Surveillance

CHAPTER

Discussion on Hawks, Interest Rates, and New York Community Bank

This chapter explores the hawks' viewpoint in opposition to Powell's dovishness, highlighting the evolution of certain individuals' stance on interest rates. It ponders whether the hawks will approve rate cuts and emphasizes the significance of data-driven decision-making. Furthermore, it addresses the impact of New York Community Bank on the banking system.

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