Bond Markets Gone Wild: Powell's Latest Juggling Act
Key Points
- The bond market is heating up with new twists as Fed Chair J...
Remember those times when watching paint dry was more exciting than bond trading? Well, not anymore! The bond market's latest shenanigans have turned into a spicy meatball of monetary policy, with enough plot twists to make your portfolio's head spin.
Powell's Poker Face
Federal Reserve Chair Jerome Powell, master of monetary mysteries, dropped some eyebrow-raising hints at the May 15 conference about reshuffling the Fed's playbook. Between sips of what we assume was very expensive coffee, he discussed the need to reevaluate their approach to inflation and employment. The Fed's keeping rate...
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