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Federal Reserve Chairman Jerome Powell all but confirmed a soft pivot by the central bank in its inflation fight on Wednesday, while trying to maintain a hawkish demeanor. The markets appear to be buying the pivot, but they are ignoring Powell’s “tough guy” spin. In a speech at the Brookings Institution, Powell said it was […]
The post Fed Soft Pivot in Play; Markets Ignore J. Powell’s Hawkish Talk first appeared on SchiffGold.
