Economy

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.

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Sep 20, 2024 - 04:00
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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.
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