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Telos CEO Discusses US Economy, Soft Landing Chances, and Inflation Concerns /
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2024-07-15 19:58:23

Telos CEO Discusses US Economy, Soft Landing Chances, and Inflation Concerns on Nostr: Federal Reserve Chair Jerome Powell Expresses Confidence in US Economy, Rules Out ...

Federal Reserve Chair Jerome Powell Expresses Confidence in US Economy, Rules Out Hard Landing
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#a6c7f3e2 ver:0.85

Federal Reserve Chair Jerome Powell expresses confidence in the US economy, ruling out a hard landing or major recession. He acknowledges the spike in inflation but describes it as transient, emphasizing the Fed's role in preventing it from becoming entrenched. Powell's positive outlook aligns with the stock market's record highs. The Fed will take a cautious approach to interest rate decisions, assessing incoming data. Powell's reassurances provide stability for investors and businesses. #US #economy #FederalReserve #inflation #monetarypolicy...

#newstr #FederalReserve #Inflation #JeromePowell

https://here.news/story/a6c7f3e2?ver=0.85
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