The Wall Street Journal
“The market had clearly set itself up for more guidance than the Fed’s prepared to give right now,” said Jim Vogel, interest rate strategist at FHN Financial.
“The market had clearly set itself up for more guidance than the Fed’s prepared to give right now,” said Jim Vogel, interest rate strategist at FHN Financial.
“Powell is focusing on inflation, which is THE word for rates since November. Everything in Fed modeling about the economy and output gaps or surpluses tell it not to expect permanent inflation from stimulus or an economic rebound," said Jim Vogel.