-
Here Are the Key Takeaways From Powell, Bernanke Discussion on Fed Policy
Here are the key takeaways from Federal Reserve Chair Jerome Powell and former Fed Chair Ben Bernanke at a monetary policy research conference hosted by the central bank in Washington on Friday: • Powell used the opportunity to send a clear signal that he is open to pausing the central bank’s aggressive tightening campaign next month, saying that policymakers can afford to watch the data now that they’ve lifted interest rates as much as they have. The Fed chair was also more scripted than usual, reading from prepared remarks — a sign that he was being very intentional with his messaging. • When talking ... (full story)