I know Jay Powell and respect him. Even when we disagree on policy, he (a) understands that his voice has the power to move markets and (b) zealously defends the independence of the Fed. He is not a person who would make a statement like this lightly. Will say more shortly. federalreserve.gov/newsevents/

0
0
0

If you have a fediverse account, you can quote this note from your own instance. Search https://mastodon.social/users/SeanCasten/statuses/115879553038984354 on your instance and quote it. (Note that quoting is not supported in Mastodon.)