May 17, 2022 18:34 GMT
Chairman Powell WSJ Interview Ongoing
US TSY FUTURES
Aside from the brief dip in Tsys and equities on comment the Fed "won't hesitate to raise rates above neutral" to address inflation, markets taking the latest comments from Chairman Powell in stride. Chair Powell's comments turn to boiler plate comments on Fed mandates and achieving price stability.
Discussion segues to labor force participation rate and supply/demand imbalance with a persistent risk of shortages.
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