The Fed is boldly going where it was going before

The Fed is boldly going where it was going before
Federal Reserve seeing mixed US economic signals. Pic: Getty

With calm and poise, the Fed’s new chairman Jerome Powell delivered no surprises, no dramas, a little dose of bitter medicine, and a lot of hopes

On Wednesday, when Jerome Powell, the new Chairman of the US Federal Reserve, sat down for his first press conference, the markets had been rounding up some two months of turbulence.

A week before Powell’s testimony, Morgan Stanley’s Investment Management Chief Global Strategist, Ruchir Sharma, told investors that 2018 is shaping up to be a year of global inflection, "...a year marked by a confluence...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post