Digesting Powell’s every word: Stocks Drop, Rates Rip. 10/19/23

Fed Chair Jerome Powell giving a pivotal speech at the New York Economic Club earlier. Powell hinted at a pause in rate hikes here and that inflation is still too high. Are investors turning away from the Fed’s musing and now only worried about yields? Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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