​Rabobank: When Will Powell Issue An Apology For His Botched Rate Cut Communication And Explanation – Tyler Durden

Rabobank: When Will Powell Issue An Apology For His Botched Rate Cut Communication And Explanation By Bas Van Geffen, Senior Macro Strategist at Rabobank This week we learned how (not) to say you believe you may be behind the curve without saying you are behind the curve, like a bad game of Taboo. Markets continued to celebrate the outsized Fed cut yesterday. Equity markets around the globe posted further gains, with Europe up 1.8% and the S&P 500 climbing 1.7%. But other than that, the decision could still backfire for Powell. Both in terms of credibility, and in terms of…  — Continue at ZeroHedge News : Read More