Fed Chair Powell: Forward Guidance Abandoned

BlockBeats News, June 18th, Federal Reserve Chair Powell stated, "We have now abandoned forward guidance and cannot provide any forward guidance on the next steps. The dot plot is done in pencil and it can be erased. A comprehensive review of communication practices, including press conferences, dot plots, and meeting schedules, is expected to be conducted by the end of the year." (FXStreet)

Sumber: BlockBeats

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