Policy words as global transmission

Central bank communication now holds as much significance as central bank action. A single clause in a press conference can move markets more than a 25-basis-point adjustment. Watch #ThePrintEconomix by Bidisha Bhattacharya.----more----To read full report: https://theprint.in/opinion/economix/federal-reserve-chief-statement-us-rate-cuts-gold-prices/2795928/