Watch Live: Will Fed Chair Powell Spoil The ‘QE Replaces Blue-Wave’ Narrative?

Watch Live: Will Fed Chair Powell Spoil The ‘QE Replaces Blue-Wave’ Narrative?

Tyler Durden

Thu, 11/05/2020 – 14:25

While today’s FOMC statement was expected to be a nothingburger, the press conference could provide some fireworks as an anxious market has begun pricing in a Fed QE expansion to replace the ‘blue-wave’ stimulus hopes.

With valuations back at record highs, and bond yields sliding again, along with a tumbling dollar, the question is – will Powell hint at more QE to come, or put pressure back on Washington’s lame-ducks?

Watch Live (due to start at 1430ET):

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Author: Tyler Durden

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