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  4. Chairman Powell's Jackson Hole remarks

Chairman Powell's Jackson Hole remarks

Scheduled Pinned Locked Moved Off Key - General Discussion
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  • wtgW Offline
    wtgW Offline
    wtg
    wrote on last edited by
    #1

    https://www.federalreserve.gov/newsevents/speech/powell20250822a.htm

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    • MikM Offline
      MikM Offline
      Mik
      wrote on last edited by
      #2

      I loved what it did for us today.

      “I refuse to answer that question on the grounds that I don't know the answer”
      ― Douglas Adams

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      • D Offline
        D Offline
        Daniel.
        wrote on last edited by
        #3

        I'm sure the 70 years olds becoming homeless will be thrilled. Let's hope they have bus fare and access to a municipal library so they may reap the delights of this article before: someone hands them a hamburger and a bottle of water thereby distracting them from all of the goodness contained herein or Trump has Ice arrest them and sends them to jail.

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        • MikM Offline
          MikM Offline
          Mik
          wrote on last edited by
          #4

          Not so good for retirees it seems, although I am one. Still, we're not heavy on interest income.

          https://www.msn.com/en-us/money/markets/retirees-the-news-from-jackson-hole-is-ominous-for-you/ar-AA1L2ZD6

          “I refuse to answer that question on the grounds that I don't know the answer”
          ― Douglas Adams

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