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Powell: Gaining confidence to cut will take longer than thought
POWELL: GAINING CONFIDENCE TO CUT WILL TAKE LONGER THAN THOUGHT
— *Walter Bloomberg (@DeItaone) May 1, 2024
Added at 2:39pm
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FED'S POWELL: SLOWING THE PACE OF RUNOFF WILL ENSURE A SMOOTH TRANSITION FOR MONEY MARKETS
— FinancialJuice (@financialjuice) May 1, 2024
Added at 2:39pm
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FED'S POWELL: TOTAL PORTFOLIO RUNOFF WILL BE ABOUT $40 BILLION PER MONTH.
— FinancialJuice (@financialjuice) May 1, 2024
Added at 2:39pm
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FED'S POWELL: I DO THINK POLICY IS RESTRICTIVE AND IS WEIGHING ON DEMAND.
— FinancialJuice (@financialjuice) May 1, 2024
Added at 2:40pm
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FED'S POWELL: I SAW EVIDENCE OF THAT TODAY IN THE JOLTS REPORT.
— FinancialJuice (@financialjuice) May 1, 2024
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With patience and discipline,you move beyond the sky