Powell of the Fed Chair: the U.S. economy is much stronger than we expected

KevinChenNYC
2023-10-20

Economic Club of New York welcomes the Federal Reserve Board Chair Powell to give a lunch speech today!

He is laser focused on getting inflation down to 2%. He spoke about the stronger than expected consumption and labor market in the U.S.

Powell of the Fed Chair: the U.S. economy is much stronger than we expected, given the high interest rate level…

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Time to buy treasury as Ackman close short position?
Bill Ackman, who short on long-term US bonds, tweeted on October 23 that he had closed his position, and said the high yield of long-term US Treasury bonds was unsustainable. ------------ Is it time to buy the US treasury? Are you bullish or bearish on treasuries?
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