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Powell: Economy may need more fiscal, monetary support
*POWELL: ECONOMY MAY NEED MORE FISCAL, MONETARY SUPPORT
— zerohedge (@zerohedge) September 16, 2020
Algos respond to Powell's standard confusion of economy and markets
Added at 2:45pm
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Fed's Powell: "We're saying that rates will remain highly accommodative until the economy is far along in its recovery, and that should be a very powerful statement in supporting economic stability.”
— Michael S. Derby (@michaelsderby) September 16, 2020
Added at 2:51pm
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(VOTER) FED'S POWELL ON INFLATION: GUIDANCE FROM POLICYMAKERS SHOWS CONFIDENCE IN THE ABILITY TO REACH THE 2% GOAL.
— Breaking Market News (@financialjuice) September 16, 2020
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Added at 2:57pm