Fed special: Rates held, Powell’s tell and market impact with Chaim Siegel
Wall Street Breakfast
Mixed market reactions to Powell's press conference and analysis of the Fed's action
This chapter discusses the market's reaction to Powell's press conference, highlighting mixed movements in the S&P and bond yields. They analyze Powell's remarks, discussing his use of certain terms suggesting a live meeting in July and a potential hike, as well as the discrepancy between his words and actions.
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