Fed pausers” seemed to have been put back firmly into the cupboard for now as Chair Powell did a Jackson Hole 2. Let’s take a look at some of the details.
From the statement:
75bps hike was delivered with a 12-0 vote
The statement was pretty much word for word from the previous one apart from this section:
From the statement:
75bps hike was delivered with a 12-0 vote
The statement was pretty much word for word from the previous one apart from this section: