Humans are naturally hardwired to avoid and detest uncertainty.
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Fed Chairman Jerome Powell: We must earn and sustain the trust of the public
Fed Chairman Jerome Powell: we must earn and sustain the trust of the public
— DailyFX Team Live (@DailyFXTeam) November 14, 2018
Added at 6:10pm
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Powell says he is continuing tradition of opening up Fed, following Greenspan, Bernanke and Yellen, with press conferences after every meeting.
— MarketWatch Economy (@MKTWeconomics) November 14, 2018
Added at 6:11pm
Added at 6:13pm
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Powell: We're at a point where we have to take risks from rates either too low or high 'seriously'
— MarketWatch Economy (@MKTWeconomics) November 14, 2018
Added at 6:14pm
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Powell: It's important to return balance sheet to a smaller size
— MarketWatch Economy (@MKTWeconomics) November 14, 2018
Added at 6:19pm