The MacroTourist

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SUBSTANTIAL FURTHER PROGRESS

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SUBSTANTIAL FURTHER PROGRESS

And the 'tourist wonders if Powell sneaked in another hurdle for the Fed to jump over before they remove accommodation

Kevin Muir
Apr 29, 2021
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SUBSTANTIAL FURTHER PROGRESS

posts.themacrotourist.com

Today was Fed day. Even though it should surprise no one, Fed Chair Powell reiterated the committee’s dovish stance.

Recently, I have focused on the language coming out of Fed Presidents’ mouths [NOT OUT OF THE WOODS YET] to get a better sense of their policy stance. Although it’s easy to understand why the Fed might be getting concerned about financi…

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