The Federal Reserve, boldly leaking secrets to the world
Why choose yesterday? Suspected of leaking information.
Yesterday was a calm trading day for the financial markets as the US stock market was closed and global market volatility was limited. But for the Fed, it was an extraordinary day- a bold move to the world. Because the market volatility was not significant that day, this move could easily be underestimated by investors.
First, four Fed chairmen made speeches on the same day. This is the most officials speaking on the same day since the December meeting - the Fed chose a trading day