Chanticleer
Like investors, US Federal Reserve chairman Jerome Powell is refusing to alter course until he’s certain the trade war damage is real. It’s a risky strategy.
Sometimes the absence of a decision can be just as interesting as an actual decision.
In Rome, the conclave to elect the next pope signalled it was yet to settle on a choice, as black smoke poured out of the Sistine Chapel following the first round of voting.
Fetching latest articles
Original URL: https://www.afr.com/chanticleer/markets-are-playing-a-giant-game-of-chicken-the-fed-just-joined-in-20250508-p5lxhd
