It all depends on what the market needs at that exact moment as to which speakers (doves or hawks) they parade out. In Bernie's speech today, there was not even a hint of QE, this won't go over well with the QE addicted bulls.
Full Speech from the F_E_D website.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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