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Is Jerome Powell the median man?
All men are born free and equal under the law, but when it comes to making monetary policy decisions, some are more equal than others. So the question is whether Fed chair Jerome Powell is one of the four FOMC members (out of 19) who expect no rate cuts this year, or one of the seven who expect one, or one of the eight who expect two. His position will carry along most of the others. In view of his reassuring remarks at the press conference, we would be inclined to place him in t...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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