Powell, FOMC Continue to Play Down Future Rate Cuts

To be a “fly on the wall” is such a cliché, and yet for an investor it was so to be desired for the meeting that took place last week between President Donald Trump and Federal Reserve Chairman Jerome Powell. I, and probably every investor in the world, really would have liked to have been a fly on the wall in the White House for that.

The President has taken everyone opportunity to criticize (batter) the Fed chairman for perceived laxity in rate cutting in the face of a global growth slowdown, using some not very kind adjectives in the process. I mean was that meeting “Godzilla vs Mothra” or was it polite? Given the chairman’s generally unflappable demeanor in press conferences, perhaps the President was Godzilla but Powell was probably more like Fred Rogers.

You are trying to access FSI member-only content.
You need to have an active FSI Macro, or FSI Pro subcription in order to read this article.
If you are already a member at FSInsight, please Sign In here. If you don’t have a subscription to FSInsight yet, you can sign up below.

Choose one of our yearly plans to save nearly 20%

We accept crypto via BitPay for yearly subscriptions.
    • Macro
      FSI Macro
      billed anually
      Get access to all the macro research on FSInsight
      • Tom Lee's Live Market BLASTs
      • View from Tom Lee
      • Signal From Noise
      • Portfolio Strategy
      • Technical Analysis
      • Granny Shots – Stock Ideas
      • US Policy
      • Live Conference Calls with Q&A
      First Month Free!
    • Crypto
      FSI Digital Assets
      billed anually
      Get access to all the crypto research on FSInsight
      • Tom Lee's Live Crypto BLASTs
      • Tom's Take on Crypto
      • Crypto Weekly Newsletter
      • BitDigest Daily Newsletter
      • Crypto Technical Analysis
      • Benchmark Indices Review
      • Bitcoin Valuation & Misery Indexes
      • Live Conference Calls with Q&A
      First Month Free!
    • Macro + Crypto
      FSI Pro
      billed anually
      Get access to all the exclusive research on FSInsight
      • Looking at code?
      • I am hidden!
      • FSI Macro
      • +
      • FSI Digital Assets
      • Designed by
      • HANGAR115
      • -
      First Month Free!
Disclosures (show)

Don't Miss Out
First Month Free

first 500 users only