Yahoo Finance published this video item, entitled “Soft landing debate continues following Fed Chair Jerome Powell’s comments” – below is their description.
After comments from Federal Reserve Chair Jerome Powell Friday morning, investors are once again squirming to figure out the central bank’s next move on interest rates.
S&P Global Ratings Global Chief Economist Paul Gruenwald joins Yahoo Finance to try and make sense of the ongoing debate around whether or not the US economy will have a soft landing in 2024, and how the market will operate on the Fed’s monetary policy.
“If the market starts to ease too early and we see bond yields fall, for example, that eases financial conditions too early and kind of increases the probability that the central bank has to do more, so I think the Fed would prefer not to do more at this point and let the markets do the work, but the job of the markets now is to kind of keep those financial conditions tight enough to slow the economy,” Gruenwald elaborates.
#youtube #stockmarket #federalreserve
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Connect with Yahoo Finance:
Check the latest news and data at finance.yahoo.com
Follow Yahoo Finance on social:
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Yahoo Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
