Economics
Powell's Fed Had a Big Week. Here Are Four Things We Learned.
- Chairman’s ‘just below’ comment swung global financial markets
- Another busy week is coming up, including Powell’s testimony
Jerome Powell
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Some weeks advance the understanding of Federal Reserve policy incrementally, and others by leaps and bounds. The past few days belong to the latter category.
For those still piecing together all the speeches, releases and presidential criticism, here’s a rundown of the major milestones: