Bloomberg Surveillance Instant Reaction: Jay Powell on Fed Policy
Dec 13, 2023
Fed Chair Jay Powell discusses the current state of equity and bond markets, lack of pushback on rate cuts, stability of cash, recent price action, reflections on economic forecasting, strategies for stepping out of cash, and potential rate cut and inflation.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Federal Reserve Meeting and Lack of Pushback on Rate Cuts
02:01 • 12min
Jerome Powell's Perspective, Stability of Cash, and Ads for Bank Policy Institute and Smart Talks with IBM
14:30 • 4min
Recap of Recent Price Action and Market Impact
18:05 • 2min
Reflections on Economic Forecasting and Unpredictability
20:20 • 5min
The Movement of Money and Strategies for Stepping Out of Cash
25:45 • 6min
Discussion on Potential Rate Cut and Inflation, and Podcast Subscription
32:14 • 2min