Powell Has Turned “Mildly Dovish”

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🇺🇸 🇺🇸 Bloomberg Economics’ Anna Wong concedes that Powell sounded mildly dovish: “While he omitted one of his signature dovish phrases — that the FOMC could start cutting rates even with inflation still ‘well above’ 2% — he stressed that the committee didn’t take many signals from recent hot CPI reports”

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