Over the course of his tenure as Fed Chair, Jerome Powell has consistently stated that the Fed is data-dependent, meaning that the Fed’s policy decisions are not preset but instead are made whenMichael Gray has devoted his career to following the capital markets and managing fixed income assets. He founded Gray Capital Management LLC and before that was Head of Taxable Fixed Income at Fidelity Investments. Michael has an MBA in Finance from Wharton and a BA in Economics from Union College.Analyst’s Disclosu ...