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Powell Makes No Economic Comment, Government Shutdown Impacts Beginning

Powell Makes No Economic Comment, Government Shutdown Impacts Beginning

Schwab Network · Schwab Network

October 9, 20254m 13s

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Show Notes

Fed Chair Jerome Powell didn't make any point regarding the state of the economy when he took the mic in Washington D.C. Kevin Hincks believes other Fed governors will. He tells investors to watch the wire for economic comments that signal any stance on the interest rate cycle. Rocketing gold prices remain another key interest for investors, as Kevin notes layoffs from the government shutdown starting to hit the economy.


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