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5 things we learned from Jerome Powell's 'whipsaw' press conference

Por: MarketWatch Politics November 03, 2022

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It was during Fed Chairman Jerome Powell’s press conference that the twists and turns started. “Markets were whipsawed by the overall communications by at first pushing yields and the dollar lower and stocks higher post-statement, and then reversing those moves — and then some — during and after the press conference, to end up with an overall hawkish interpretation,” summarized Derek Holt, vice president of Scotiabank Economics. Where... + full article



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