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Fed chair says central bank sees no risk of US stagflation

Summary by Anadolu Ajansı
'We have warned of it (stagflation), but it is not something we are facing or that we expect to face,' Jerome Powell says - Anadolu Ajansı

6 Articles

President of the Fed District of San Francisco sees a reduction in the Fed funds between September and December of this year

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Jerome Powell, president of the Federal Reserve (Fed), said yesterday June 25, that he does not expect the U.S. economy to suffer from a “stanflation” – a period of slow growth and higher inflation – although the central bank is monitoring conditions. Powell's comments to the Senate Banking Committee came shortly after the Fed cut its growth forecast for 2025 this month, while raising inflation projections for this year.This highlights the chall…

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Anadolu Ajansı broke the news in Ankara, Türkiye on Wednesday, June 25, 2025.
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