The Fed rolls out yet another speaker to reassure the market its candy won't be taken away....
The Fed rolls out yet another speaker to reassure the market its candy won't be taken away. Governor Jerome Powell tells an audience spiking bond yields are larger than can be justified by any "reasonable assessment" of the path of FOMC policy. No doubt an accomplished man, Powell's bond fides as a fixed income trader are unknown. Earlier: Dudley.
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