Today news
About the same in other media
21.11 - 19:51
Jerome Powell’s Dashboard Casts Doubt on Inflation Easing Quickly
Reading now: 326
Federal Reserve Chairman Jerome Powell used the bulk of a widely anticipated speech in late August to explain why he was still confident that this year’s inflation surge would prove temporary. His remarks haven’t aged well.
Economic data released over the past two months have cast doubt on parts of Mr. Powell’s thesis, which helps to explain why he has acknowledged less conviction that inflation will quickly return to the Fed’s 2% goal as supply-chain kinks work themselves out.
Read more on wsj.comAbout this in other media
Vukovar massacre at 30: How 'Croatia's Stalingrad' still casts a long shadow euronews.com /3 years ago
Digital ruble should not affect inflation, Bank of Russia says cointelegraph.com /3 years ago
Biden Says Fed Chair Pick Could Be Unveiled This Week wsj.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
