Jerome Powell’s Fed Dictionary Somehow Fails to Include the Word ‘Hawkish’
In face of challenging data, the Fed chair offers a ‘we’ve got it’ message, Bill Dudley says
Chair Jerome Powell faces reporters in Washington after the Federal Reserve’s policy announcement.
Photographer: Al Drago/BloombergThis is a bonus edition of the Bloomberg Surveillance newsletter, following today's Federal Reserve special co-hosted by Jonathan Ferro, Tom Keene and me. Sign up here if you’re not yet a subscriber.
This is a Federal Reserve chair who has a penchant for delivering verbal stimulus to bonds and stocks.