The Fed’s Powell said ‘downside risks’ six times in his press conference yesterday—is that bad news for tomorrow’s jobs number?
U.S. Federal Reserve Chairman delivered an entirely predictable press conference yesterday as he kept interest rates on hold at the 4.25% level and said he would await for more data before considering a possible move downward. Markets liked it: Europe and Asia are broadly up this morning with the exception of China, where stocks fell … Read more