Federal Reserve chairman Jerome Powell’s F-word is really catching on.
Ten days after the central banker said, “What do you do if you’re driving in a fog? You slow down”, talk about fog is everywhere in markets.
JPMorgan’s cross-asset strategists, Barclays’ and RBC Capital Markets’ US economists and Westpac’s local economists were among the ones we read over the weekend, summing up a shift in market sentiment.
Source: https://www.afr.com/chanticleer/the-fed-chair-s-f-word-swirls-around-the-market-and-spells-trouble-20251109-p5n8ty