Eurodollar University

Jerome Powell Bombshell Speech Reveals Everything You Need To Know About The Economy

Aug 25, 2024
Jerome Powell, the prominent leader of the Federal Reserve, reveals troubling signs in the US economy, including rising unemployment. He discusses the implications of recent monetary policy decisions, like rate cuts that may not bring relief as expected. Powell also examines the risky behaviors of Japanese banks chasing higher yields in US junk debt, highlighting market vulnerabilities. With recession fears on the rise, the talk dives into crucial economic indicators and the shifting landscape faced by investors and workers alike.
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