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Outcomes of the FOMC Meeting. Disappointment, Nothing More. Part 3
During his speech, Jerome Powell also
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During his speech, Jerome Powell also acknowledged that interest rates might be lowered in the coming months, but such a scenario now seems like a utopia. Most likely, Powell tried to smooth things over after three Federal Reserve governors demanded the removal of the phrase about potential monetary policy easing from the final communique. As usual, Stephen Moore voted in favor of an immediate rate cut.Powell also mentioned that he will remain on the FOMC for an indefinite period. It
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