Daily Note | November' 10, 2023 | Abrdn Cuts Distributions, JPow Drops Bombs

Nov 10, 2023

∙ Paid

The big news yesterday was Jay Powell's commentary to the IMF where he not only dropped the F-bomb after some dopey climate activists interrupted his speech but then dropped this bomb:

… The Federal Open Market Committee is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2 percent over time; …

Continue reading this post for free, courtesy of Yield Hunting.

Or purchase a paid subscription.