Jerome Powell gives up on doves...is a preemptive rate cut this summer off the table?

U.S. Federal Reserve (Fed) Chairman Jerome Powell has finally turned from a "dovish" (favoring monetary easing) to a "hawkish" (favoring monetary tightening). He said on Saturday (local time) that inflation came in higher than expected for the third consecutive month earlier this year, citing a...

by spotedcrypto

Apr 17, 2024

1 min read