James E. Thorne
@DrJStrategy
Chief Market Strategist @WellingtonAltus. PhD Econ. Astute, observations and conclusions. Personal views. Not investment advice. Please do your own research.
加入 November 2019
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Warsh wants to scrap forward guidance and dot plots, yet Fed officials remain free to signal their own policy preferences under the existing communications rules. He is effectively ceding forward guidance to the hawks and disgruntled colleagues. That is no way to run the Fed.
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October consumer prices rose 0.4% month over month, above the 0.3% estimate, while core CPI increased 0.3%, exceeding the 0.2% forecast, and matching the level Chris Waller had said could prompt a stronger policy response.
Michael McKee reports
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