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Fed's Powell: Policy rate may not have to rise as far as otherwise due to tightened bank credit conditions
FED'S POWELL: POLICY RATE MAY NOT HAVE TO RISE AS FAR AS OTHERWISE DUE TO TIGHTENED BANK CREDIT CONDITIONS.
— Breaking Market News (@financialjuice) May 19, 2023
Added at 11:20am
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FED'S POWELL: IT IS POSSIBLE THERE WILL BE CONTINUED SUPPLY SHOCKS BUT IT IS HARD TO PREDICT.
— Breaking Market News (@financialjuice) May 19, 2023
Added at 11:20am
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FED'S POWELL: POSITIVE SUPPLY SHOCKS DURING GLOBALIZATION PERHAPS DID HELP KEEP INFLATION LOW.
— Breaking Market News (@financialjuice) May 19, 2023
Added at 11:24am
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FED'S POWELL: THE RELATIONSHIP BETWEEN LABOR MARKET SLACK AND INFLATION IS NOT DIFFERENT FROM BEFORE THE PANDEMIC.
— Breaking Market News (@financialjuice) May 19, 2023
Added at 11:31am
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POWELL: FED HAS A SPECIAL OBLIGATION TO EXPLAIN ITSELF #News #Markets #FED #POWELL #capitalhungry
— Capital Hungry (@Capital_Hungry) May 19, 2023