{"id":1534666,"date":"2025-05-07T18:25:00","date_gmt":"2025-05-07T22:25:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1534666"},"modified":"2025-05-07T18:25:00","modified_gmt":"2025-05-07T22:25:00","slug":"watch-live-fed-chair-powell-explains-why-its-different-now-vs-september","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/watch-live-fed-chair-powell-explains-why-its-different-now-vs-september\/1534666\/","title":{"rendered":"Watch Live: Fed Chair Powell Explains Why It&#8217;s Different Now Vs September"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Watch Live: Fed Chair Powell Explains Why It&#8217;s Different Now Vs September<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>With no actions taken and no SEP to discuss (<a href=\"https:\/\/cms.zerohedge.com\/markets\/fomc-27\">although the statement clearly hints at stagflationary uncertainty<\/a>), all eyes (and ears) are now focused on every word that Powell says for <strong>hints about whether prices (inflation) or jobs (growth) are more of a worry<\/strong> (both are lower recently)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmEFD7.jpg?itok=C5AcL2HN\"><\/a><\/p>\n<p>.. and why he cut rates before the election when financial conditions briefly tightened but refuses to do so now&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm455C_0.jpg?itok=oaA9WaVI\"><\/a><\/p>\n<p>Oh and if he mentions, &#8216;soft&#8217; vs &#8216;hard&#8217; data, it seems that weakness in the soft data mattered last September&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm65FC_3.jpg?itok=7kD2m9hx\"><\/a><\/p>\n<p>So let&#8217;s see how Powell explains why it&#8217;s different this time:<\/p>\n<p><em><strong>Sept 2024<\/strong>: weak soft data, tight financial conditions, August market crash, <strong>cut rates by 50bps<\/strong><\/em><\/p>\n<p><em><strong>May 2025<\/strong>: weak soft data, tight financial conditions, April market crash, <strong>pause<\/strong><\/em><\/p>\n<p>Oh and don&#8217;t forget that Beijing just slashed rates and flooded the zone with liquidity&#8230;<\/p>\n<p>China&#8217;s central bank cuts key rates, injects 1 trillion yuan 3 hours after agreeing to trade talks to prop up economy and give communist party ammo for negotiations.<\/p>\n<p>Tomorrow the Fed will do precisely none of that.<\/p>\n<p>\u2014 zerohedge (@zerohedge) <a href=\"https:\/\/twitter.com\/zerohedge\/status\/1919942189162938381?ref_src=twsrc%5Etfw\">May 7, 2025<\/a> <\/p>\n<p>Watch the full press conference here (due to start at 1430ET):<\/p>\n<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 05\/07\/2025 &#8211; 14:25<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/watch-live-fed-chair-powell-explains-why-its-different-now-vs-september\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/markets\/watch-live-fed-chair-powell-explains-why-its-different-now-vs-september<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Watch Live: Fed Chair Powell Explains Why It&#8217;s Different Now Vs September With no actions taken and no SEP to discuss (although the statement clearly&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1534667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1534666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1534666"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1534666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1534667"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1534666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1534666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1534666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}