Powell Q&A: US economy has been stronger than expected this year ...Middle East

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Powell Q&A: US economy has been stronger than expected this year
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Economy has been 'remarkable'US economy may be structurally more-resilient to higher rates but I don't see evidence yetIt's hard to draw a 'direct line' from things like higher bond yields to a monetary policy responseThe Fed is "not going to ignore" a significant bond tightening, but do not have to make a decision nowThere are many candidate explanations for higher bond rates, says there are 5-6 good onesWe won't ignore higher yields but don't have to make a decision nowThe bigger mistake is not getting rates high enough This article was written by Adam Button at www.forexlive.com.

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