https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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The Fed Responds to Report that Fed Chair Powell Traded During FOMC Blackout Periods
A Fed spokesperson has provided Wall Street On Parade with a detailed response to our article yesterday, which documented that trades were made in accounts in which Fed Chair Jerome Powell had a financial interest during a Federal Open Market Committee (FOMC) meeting in 2015 and another in 2019. Fed officials are clearly prohibited from trading before and during FOMC meetings because that is when they have insider, market-moving information. Below is the full statement from the Fed spokesperson. Following the statement, we will explain its many, serious flaws. “Chair Powell has not traded during FOMC blackout ... (full story)
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