The Fed meeting last week was an interesting shift in the dichotomy which we had been accustomed to, which is a dovish Powell and a more hawkish statement. Instead we got the opposite. When Powell spoke, not only did he mention the word "inflation" about a dozen times, and expressed little concern for the labor market comparatively speaking, he also appeared less confident.
Want to read more?
Subscribe to www.traderade.com to keep reading this exclusive post.
Subscribe Now