What the Latest Fed Minutes Reveal About the Path of Policy

The transcript discusses the Federal Reserve's cautious approach during a recent meeting, highlighting concerns about the economy and market reactions. Eric Rosengren provides insights into the Fed's stance, suggesting a hold on rate changes until more clarity is achieved. The impact of China's economic slowdown and trade negotiations with the U.S. is also examined. The Fed's flexible rate policy, dependent on economic data, is emphasized, with potential for both rate cuts and increases. The need for clarity in monetary policy and the possibility of future dissensions within the Fed are discussed.

What factors did Eric Rosengren mention that could impact the economy?

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What does the term 'Powell put' refer to in the context of the Fed's policy?

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