Listening to Powell talk about how tight financial conditions are… https://t.co/ATnDFVsoLv
*POWELL: WE THINK FINANCIAL CONDITIONS ARE WEIGHING ON ECONOMY Is this the Jackson Hole Powell people were expecting with financial conditions as loose as they are? https://t.co/BA6557yUW3
*POWELL: WE THINK FINANCIAL CONDITIONS ARE WEIGHING ON ECONOMY dude, financial conditions are easier than when you started hiking

Federal Reserve Chair Jay Powell expressed concerns about the impact of high interest rates on business fixed income investment. Powell believes that financial conditions are currently weighing on the economy, despite monetary policy being in restrictive territory. Some observers question whether the current loose financial conditions align with Powell's assessment.
