Key takeaways from Kevin Orsh’s speech:



🔴Inflation is significantly above the 2% target.

🔴Federal Reserve officials are very receptive to change.

🔴Our goal is to get monetary policy running properly.

🔴The current Fed policy is already tight.

🔴Orsh declined to comment on any contacts with Trump.

🔴The Fed has officially ended the practice of “forward guidance”—advance signals to the market about future decisions on interest rates.

🔴I can’t give you any hints about what we will do next; everything will be significantly re-evaluated right now.

🔴Some changes are ahead, and they may be worthy of press conferences.

🔴A new working group will be created across five areas of the FOMC (communications, the Fed’s balance sheet, data sources, performance and employment, and the Fed’s inflation approaches).
$SPCX $HYPE $SOL
SPCX-6.58%
HYPE-4.66%
SOL-2.68%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned