The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
- Posted on September 19, 2024
- By CNBC
- 2 Views
The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.
