Detailed text transcripts for TV channel - MSNBC - 20181220:14:35:00
Points, stephanie, so we'll tackle those layer by lei layer. yes, the markets got what they were sxeskting, a quarter-point rate hike from the head and more dovish, a more tempered expectation for rate hikes next years. in fact they ratcheted down their expectations. the issue comes from what jerome powell set in his press conference. he talked about the idea they were still going to pursue the policy of normalizing quaint at a timive easing, the massive amount of stimulus that the fed put into the system back in '08 and '09. that was not viewed as quite and accommodative as the overall market...
Source: archive.org