Powell Led News Today

Other countries around the world. as usual, powell led us down." the markets certainly werent thrilled at the quarter-point cut. many investors had expected a full half point reduction. but the dow really went into a nosedive, down near 500 points after jerome powell seemed to suggest it might be one and done as far as lowering interest rates. >> were thinking of it as essentially in the nature of a midcycle adjustment to policy. >> the markets climbed part way back up the ladder after powell cl...

China, the european union and other countries around the world. as usual, powell led us down. at least hes in a quantitative tightening which shouldnt have started in the first place, no inflation. we are winning anyway but im certainly not getting much help from the federal reserve. back with the panel. jonathan, this president more than any other has attacked the federal reserve and the chair specifically. >> not only that but hes had a number of conversations with colleagues including the whi...