Analyst: Wash is just rehashing old arguments

1 hours ago

Eugene Epstein, Head of Trading and Structured Products at Moneycorp in Stanford, Connecticut, commented on remarks by Federal Reserve Chair Walsh: “We’ll have to see what impact this will have on next month’s upcoming meeting. But it feels like the fourth, maybe even fifth time I’ve heard him deliver the same speech. Frankly, he does state they’ll focus on inflation, but he’s not offering forward guidance, and inflation isn’t trending in their desired direction.”

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