Will Powell bust a move tomorrow and throw in some hawkish commentary that disappoint markets? Kind of like when you bring a hot girl to your house when you were in high school and your dad comes home from work early..
Personally, I dont think the fed likes the strong rally we have had. The rally enhances “ the wealth affect and makes consumers more likely to spend money . A stock market rally can be inflationary. Not a one day rally but the month long rally we have had.
Personally, I dont think the fed likes the strong rally we have had. The rally enhances “ the wealth affect and makes consumers more likely to spend money . A stock market rally can be inflationary. Not a one day rally but the month long rally we have had.