Instant Reaction: Jay Powell on Fed Policy

Fed Chair Jay Powell discusses the June Federal Reserve decision, highlighting changes in economic forecasts, inflation, dot plot movements, and market reactions. The analysis includes the influence of recent economic reports on Fed officials' decisions, discrepancies in labor market reports, strong GDP growth, potential interest rate cuts, and the Fed's policy outlook. The podcast also explores the Federal Reserve's policy shift towards influencing rates' maturity and the impact on bond market dynamics.