QOTD: Fed Chair Jay Powell

Posted on May 8, 2018 by macromon

 

I do not dismiss the prospective risks emanating from global policy normalization. Some investors and institutions may not be well positioned for a rise in interest rates, even one that markets broadly anticipate. And, of course, future economic conditions may surprise us, as they often do. – Jay Powell, May 8, 2018 – Zurich

This entry was posted in Interest Rates, Monetary Policy, Uncategorized and tagged , , . Bookmark the permalink.

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