UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'A US accent (in a British accent)'
07 Mar 2024
Federal Reserve Chair Powell testifies to the Senate today. Yesterday’s remarks were consistent with three or four rate cuts this year, but there was surprise suggestion that a proposed tightening of bank regulation may be rethought. Fed President Kashkari hinted at support for a drastic tightening of monetary policy (suggesting only one rate cut this year, generating soaring real rates).
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