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Wall Street economists think the stock market misinterpreted Powell and big rally was overeaction (谈股论金)  279次阅读

作者: 雅歌 @, 发表于: 2018-11-29 (2126天前) @ 雅歌

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Wall Street economists think the stock market misinterpreted Powell and big rally was overeaction
The market rallied Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are "just below" the range of estimates for neutral.
Some prominent Wall Street economists didn't see a major difference from previous remarks.
Powell's remarks in October that the Fed was "a long way" from neutral helped spur a market selloff on fears that the Fed would be more aggressive with rate hikes than Wall Street had been anticipating.
The key difference could be between the "range" of estimates on neutral and the median expectation of a neutral rate that is neither stimulative nor restrictive.


https://www.cnbc.com/2018/11/29/wall-street-economists-dont-believe-powell-changed-his-tune-much.html

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