Don’t fight the Fed” has been one of the most reliable mantras in modern markets, until this year. That rule needs to be ...
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Fed transcripts show Powell pushed hard in September 2020 to lock in near-zero rates with strict conditions
Federal Reserve transcripts released Friday lay out how Powell drove a major policy shift during the worst stretch of the Covid-19 crisis. The records cover closed-door debates from 2020 and show how ...
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