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Ferguson: Powell saying we are at a wait and see moment tells me they are data dependent
CNBC Televisionยท 2025-12-11 13:31
Roger, settle this for us. Was it hawkish. Was it doubbish.The fact that they're going to buy bonds on the short end, does that have the same impact uh as it just a deeper cut. No, I I think they're trying to avoid sending the message that the buying bonds on the short end had anything to do with monetary policy. Um was it hawkish. Was it dovish.I'd have to say it was uh distinctly undecided. You know, as you point out, there were three descents. One in favor of more uh reductions, two in favor of holding.a ...