Lessons Learned from the Last Four Years of Managing Inflation on Nostr: Federal Reserve Chair Powell Monitors Inflation Progress After 'Welcome' Report ...
Federal Reserve Chair Powell Monitors Inflation Progress After 'Welcome' Report
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#f9660aca ver:0.59
Federal Reserve Chair Powell welcomes latest inflation report showing progress in taming inflation. Core inflation rose 0.2% from April to May, its smallest gain since October. On an annual basis, core inflation was 3.4%, down from 3.6% in April. Fed scales back rate-cut projections, emphasizing need for sustained movement towards 2% inflation target. Experts divided on rate cuts, with some expecting two cuts this year and others anticipating a cut in September. Fed will continue to monitor economic outlook. #FederalReserve #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.59
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#f9660aca ver:0.59
Federal Reserve Chair Powell welcomes latest inflation report showing progress in taming inflation. Core inflation rose 0.2% from April to May, its smallest gain since October. On an annual basis, core inflation was 3.4%, down from 3.6% in April. Fed scales back rate-cut projections, emphasizing need for sustained movement towards 2% inflation target. Experts divided on rate cuts, with some expecting two cuts this year and others anticipating a cut in September. Fed will continue to monitor economic outlook. #FederalReserve #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.59