The Julia La Roche Show · Thursday, July 30, 2026
During the Federal Open Market Committee (FOMC) meeting, rates were held steady, but three members dissented. Powell's press conference offered minimal forward guidance, leading to market dissatisfaction. Danielle DiMartino Booth notes that Powell's approach suggests an ongoing discussion rather than concrete action.
“Well, um, you know, it's it's clear that uh, that the good family fight. That's what Powell wants, right? I want a good family fight.”
“Um, but it was a robust discussion and he kept fending off of any kind of intimation or trying to, any reporters' attempt to deduce what those three dissents translated into, he just kind of swat it away.”
“He's extremely charming. Um, and he's extraordinary articulated but he revealed very little today.”