News list for " Powell admit"

Federal Reserve Chairperson Jerome Powell acknowledged that the CPI reading was higher than almost all forecasts, but he cautioned against overreacting, saying officials wanted to maintain restrictive policy for now. Click to view...

Federal Reserve Chairperson Jerome Powell acknowledged that the CPI reading was higher than almost all forecasts, but he cautioned against overreacting, saying officials wanted to maintain restrictive policy for now. Click to view...

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2025-02-12 23:23:29
Powell admitted that there was no need to pay 100% attention to inflation now. He could start considering easing, and would cut interest rates as early as September. Some officials even thought they would act today...

Powell admitted that there was no need to pay 100% attention to inflation now. He could start considering easing, and would cut interest rates as early as September. Some officials even thought they would act today...

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2024-08-01 05:49:43