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KM Financial Solutions | UPDATE 4-Fed’s Powell, in apparent dovish shift, says rates near neutral
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UPDATE 4-Fed’s Powell, in apparent dovish shift, says rates near neutral

27 Nov UPDATE 4-Fed’s Powell, in apparent dovish shift, says rates near neutral

Posted at 23:18h in News by
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U.S. Federal Reserve Chair
Jerome Powell injected investors with a strong dose of optimism
on Wednesday, saying that the central bank’s policy rate is now
“just below” estimates of a level that neither brakes nor boosts
a healthy U.S. economy, comments that many investors read as
signaling the Fed’s three-year tightening cycle is drawing to a
close.

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