‘Capitulation’: What Wall Street Thinks Of  Jerome Powell And The Fed

‘Capitulation’: What Wall Street Thinks Of Jerome Powell And The Fed

Well, the reviews are in and the verdict is unanimous. Perhaps Barclays captures it best: It is difficult to read the outcome of the January FOMC meeting as anything other than the Fed capitulating to recent market volatility. While we believe the Fed does have time to be patient before proceeding on any further policy rate hikes, the unwillingness to provide upward bias in its policy rate guidance seems at odds with the evolving outlook, which has not weakened, in our view, by nearly as much
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7 thoughts on “‘Capitulation’: What Wall Street Thinks Of Jerome Powell And The Fed

  1. Well, if all the negative feedback on previous meetings elicited a response, I wonder if all these comments calling them a bunch of quivering cowards will provoke an opposite response.

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