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US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said Thursday, leaving the door
US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said Thursday, leaving the door open for a new interest rate hike. Additional evidence of “persistently above-trend growth,” or fresh signs of tightness in the labor market, “could warrant further tightening of monetary policy,” he told a conference in New […]
The post US inflation is ‘still too high’: Fed Chair Powell appeared first on Insider Paper.
https://insiderpaper.com/us-inflation-is-still-too-high-fed-chair-powell/
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