Powell speech: We have not made any decision yet about March meeting
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
FOMC Chairman Jerome Powell testifies on the Semi-annual Monetary Policy Report before the US House Financial Services Committee.
“We have important data before March meeting.”
“I haven’t seen JOLTS data yet.”
“We have not made any decision yet about March meeting, it’s data-dependent.”
“We will be guided by incoming data.”
“Terminal rate is likely to be higher than we expected.”
“Extraordinarily strong jobs report and inflation reports pointed in the same direction.”
The US Dollar came under modest bearish pressure following these comments and the US Dollar Index was last seen losing 0.15% on the day at 105.45.
[/s2If]
Join Our Telegram Group
