Jerome Powell forward guidance Archives

Jerome Powell forward guidance

World economy 5th August 2019

The Federal Reserve acts as mere insurance and disappoints the markets

Christian Scherrmann (DWS) | As was expected , the Federal Reserve cut interest rates 25 base points to a range of 2.0-2.25% at the July meeting of its Federal Open Market Committee (FOMC).

Jerome Powell baffled both the experts and the markets

World economy 23rd March 2018

Jerome Powell ditches forward guidance

In his first press conference, Jerome Powell baffled both the experts and the markets. After reading the hawkish introductory statement, he defused all fears for a harsh and swift monetary tightening.