Deciphering Powell's Silence
A Surprise Shift to 'Neutral Rate' Discussions
🎙 Jerome Powell chose not to drop any mentions of his 'tools' in yesterday's dialogue, a departure we couldn't help but notice as we usually keep a tally during our broadcasts 🤓. Instead, the keyword of the day was 'neutral rate' 📈. Powell seemed fixated on exploring and understanding what the neutral rate is and pondering over its implications. It was an intriguing shift, suggesting the neutral rate might play a more significant role in future discussions and considerations than previously anticipated. Stay tuned, folks! 🌐 #JeromePowell #EconomicTalks #NeutralRate #FinanceUpdate