UBS On-Air: Paul Donovan Daily Audio 'Powell says little for 60 minutes'

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Recorded05 Feb 2024

Publishersecure.ubs.com

Handlerec:4544259

Show notes

A pre-recorded television interview with Federal Reserve Chair Powell was broadcast over the weekend. Powell’s public remarks have a scarcity value that certain other central bank leaders might learn from. The value of the content of Powell’s remarks is, perhaps, more questionable. Powell focused on what his colleagues were thinking—no March rate cut, three cuts this year. Powell added that a weaker economy might mean more rate cuts, a stronger economy fewer rate cuts.

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