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Grant s Interest Rate Observer founder and editor Jim Grant comments on Jerome Powell s decision on rates. The markets have tucked themselves into a panic about Jackson Hole being the timing of the announcement of QE and Chair Powell just completely put a nail into that coffin by saying, ‘No, we’re going to wait until it’s clear to us that there’s substantial progress and we ain’t there yet,’ he said. That’s the key message. Grant s Interest Rate Observer founder and editor Jim Grant chimed in with a different take on the decision, describing it as the world being deeply immersed in a flood and the Fed is shooting a firehose.

United statesChris campbellJerome powellJim grantBill leeMilken instituteFederal reserveKroll instituteFed powellReserve chair jerome powellJackson holeChair powellInterest rate observerஒன்றுபட்டது மாநிலங்களில்கிறிஸ் கேம்ப்பெல்ஜெரோம் போவல்