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

Forward Guidance

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Introduction

Fed Chair Jay Powell announced the Federal Reserve was not raising interest rates, but left the possibility open. And perhaps he implied that the Fed was going to hike them again in July. Daniel DiMartino, Booth CEO and Chief Strategist of QI Research is here to break it down. He says if Powell succeeds in raising rates, he will rewrite modern monetary policy history.

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