With seven little words, Fed Chair Powell unleashed some chaos today as he confirmed "time has come for policy to adjust" and rate-cut expectations adjusted dovishly (though we note they were pretty much fully priced for this after the Minutes). YOUR DOLLAR'S GO TO ZERO?
The dollar crashed to 2024 lows..
https://www.zerohedge.com/markets/powell-pivot-sparks-buying-panic-bonds-bitcoin-bullion-dollar-dumps-2024-lows
The dollar crashed to 2024 lows..
https://www.zerohedge.com/markets/powell-pivot-sparks-buying-panic-bonds-bitcoin-bullion-dollar-dumps-2024-lows
With seven little words, Fed Chair Powell unleashed some chaos today as he confirmed "time has come for policy to adjust" and rate-cut expectations adjusted dovishly (though we note they were pretty much fully priced for this after the Minutes). YOUR DOLLAR'S GO TO ZERO?
The dollar crashed to 2024 lows..
https://www.zerohedge.com/markets/powell-pivot-sparks-buying-panic-bonds-bitcoin-bullion-dollar-dumps-2024-lows
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