Jerome Powell seemed like he was speaking from the same say-nothing script as Michele Bullock. But then he set markets alight with a bizarre statement.
Are Jerome Powell and Michele Bullock messing with us?
Having listened to the post-meeting press conferences from the US Federal Reserve and Reserve Bank bosses over the past few days, Chanticleer was struck by similarities in their language and message. Somewhere, someone is surely playing a central bank drinking game, where players down a shot every time they hear one of the following phrases.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
