The Fed Is Making It Up as It Goes, So It Ditched Forward Guidance

08/06/2022 Ryan McMaken

Powell said that moving forward “we think it’s time to just go to a meeting by meeting basis.” Translation: “Things might go even more off the rails at any time, so let’s just play it by ear.”

Original Article: “The Fed Is Making It Up as It Goes, So It Ditched Forward Guidance”

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