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Jim Bianco: Powell Needs to Side With Markets at Jackson Hole


If rate cuts really are stimulative, they will work now to halt a worsening economy, not cause the Fed to “run out of bullets.” When Federal Reserve Chairman Jerome Powell kicks of the central bank’s annual Jackson Hole symposium with a speech on Friday, he should do nothing less than signal that a more aggressive approach to easier

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Posted: August 22, 2019 Thursday 05:00 AM