BLOOMBERG Bloomberg Markets Americas July 14, 2024
Language that he has used before, said the fed is not forecasting recession, which they would never do, so the fact that he stayed away from that was a good thing. And the act as appropriate line he has used many times. You have to think there is a drinking game on wall street every time he says that. If there was anything newsworthy , to an extent, it was hearing from him directly that politics does not play any role in their decisionmaking. When the question was put to him about bill dudleys oped last week, the fed distance itself as an institution from those remarks but jay powell made it c...