How Powell Pivoted Away From the Fed’s Dovish Message and Tanked the Markets

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How Powell Pivoted Away From the Fed’s Dovish Message and Tanked the Markets

MarketWatch2022-11-03

Fed chair wants everyone to know that he's going to fight inflation until it cries unclePowell ain’t playing. CHIP SOMODEVILLA/GETTY IMAGESFed Chair Jerome Powell is learning on the job. He didn’t ...

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Mccoy
·2022-11-03
He talked and increased rates. Did inflation comes down?
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koots
·2022-11-03
Fantastic
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Ktkw
·2022-11-03
Lwggo
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- Ktkw:
  syre
  2022-11-03
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Cvt
·2022-11-03
😔 always
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ykhoo
·2022-11-03
Dailies
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- ykhoo:
  ok
  2022-11-03
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JL1Apr
·2022-11-03
He had never promised dovish policy.
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- MickeyLiew:
  [smile]
  2022-11-03
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- Cvt:
  Like
  2022-11-03
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Ahsiang
·2022-11-03
Omg
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MIe
·2022-11-03
Powell words rock n cool the market
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- HBONG:
  ok
  2022-11-03
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- Pepermintpat:
  He has no choices Inflation can kill the market uf not properky addressed
  2022-11-03
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Troedas
·2022-11-03
Cool
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- Princessleo:
  Yes
  2022-11-03
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Le66ad
·2022-11-03
👍🏻
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trojan1337
·2022-11-03
Likr
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- Ahsiang:
  Ok
  2022-11-03
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JY1980
·2022-11-03
Hi
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- WenJieChan:
  [smile]
  2022-11-04
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- JY1980:
  13
  2022-11-03
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- JY1980:
  12
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runningjames
·2022-11-03
Hope lesser sell off again before digest the fact of 'still long ways to go'
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- trojan1337:
  zz
  2022-11-03
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Prosperity88
·2022-11-03
Welll
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BeBob
·2022-11-03
Like
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- Gladys8jk:
  Ok
  2022-11-03
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- AndySZ:
  done.
  2022-11-03
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- Troedas:
  liked
  2022-11-03
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angskk
·2022-11-03
Great
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- ececec:
  [Like]
  2022-11-03
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BeBob
·2022-11-03
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- BeBob:
  14
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逢場作戲又一日
·2022-11-03
Great
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Gibbie
·2022-11-03
Ok
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- angskk:
  9k
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Chaikitten
·2022-11-03
He just want to focus on his objective. Well, good luck.
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CHIP SOMODEVILLA/GETTY IMAGESFed Chair Jerome Powell is learning on the job. 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The Dow was up about 300 points.But Powell immediately quashed those hopes in his press conference, announcing that the Fed “had a long ways to go” on interest rates and declaring that it was premature to talk about a pause in rate hikes. Furthermore, he said that it was quite likely that they would have to raise interest rates to a higher level than they had expected just six weeks ago because the inflation picture had gotten “more and more challenging.”Powell pivoted, but in the hawkish direction. 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always&nbsp;","listText":"😔 always&nbsp;","text":"😔 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had never promised dovish policy.&nbsp;","listText":"He had never promised dovish policy.&nbsp;","text":"He had never promised dovish 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