Powell: Fed must convince public it can tame inflation

Summary by Ground News

Inflation is now at 8.6%, a four decade high. The Fed is pursuing the high-risk challenge of gliding the U.S. economy in for a so-called soft landing. Measures of consumer sentiment show that people generally think inflation will eventually subside.

Powell: Fed must convince public it can tame inflation

10 days ago·Washington, United States

News Articles

More Filters

All

Left

Center

Right

Times of India

Fed's Powell says commitment to curbing inflation is 'unconditional'

"It's unconditional," Powell told the U.S. House of Representatives Financial Services Committee when asked about the Fed's commitment to fight inflation that, by the central bank's preferred measure, is running at more than three times its 2% target.

10 days ago·Mumbai, India

Read Full Article

Washington Times

Powell: Fed must convince public it can tame inflation

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession.

10 days ago·Washington, United States

Read Full Article

abc News

Powell: Fed must convince public it can tame inflation

10 days ago·United States

Read Full Article

Associated Press News

Powell: Fed must convince public it can tame inflation

WASHINGTON (AP) — As if their job weren't hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days

10 days ago·United States

Read Full Article

IBTimes

Fed's Commitment To Curbing Inflation Is 'Unconditional,' Powell Says

The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional" but also comes with the risk of higher unemployment, U.S. central bank chief Jerome Powell said on Thursday. "It's unconditional," Powell told the U.S. House of Representatives Financial Services Committee when asked about the Fed's commitment to fight inflation that, by the central bank's preferred measure, is running at more than three times its 2% target.

10 days ago·United States

Read Full Article