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Powell: Economy is ‘Strong’ but Crosscurrents (growing)?
Fed speak is often difficult to interpret. The testimony today of our Fed Chairman, Mr. Powell, suggests that he is uncertain about where our economy is going. He claims the economy is ‘strong’ (his words) but the crosscurrents are also present. What does this mean in layman’s language? Let’s decipher the jargon! I would suggest […]