Wall Street Slams Fed's Powell Over Rate-Hold Explanation as 'All Talk'
C Citigroup Inc
$127.13 -4.03%
차트·분석 보기 → - 1After the Fed held rates steady on Wednesday, Chair Powell tried to explain the decision, but Wall Street analysts were not reassured.
- 2Bank of America (BAC) called the market 'dovish and confused,' while JPMorgan (JPM) described it as 'all talk.'
- 3Long-end Treasury yields climbed to their highest level since 2007 on bets that the Fed will delay rate hikes.
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