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:0.6
Federal Reserve Chair Powell welcomes latest inflation report, indicating 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%. Fed scales back rate-cut projections, with some experts predicting one or two rate cuts this year. Powell emphasizes sustained movement towards 2% inflation target before considering policy loosening. Fed watchers hopeful surge in US consumer prices earlier this year is ending. #FederalReserve #Inflation #Economy...
#newstr #FederalReserve #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.6
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#f9660aca ver:0.6
Federal Reserve Chair Powell welcomes latest inflation report, indicating 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%. Fed scales back rate-cut projections, with some experts predicting one or two rate cuts this year. Powell emphasizes sustained movement towards 2% inflation target before considering policy loosening. Fed watchers hopeful surge in US consumer prices earlier this year is ending. #FederalReserve #Inflation #Economy...
#newstr #FederalReserve #Inflation #InterestRates
https://here.news/story/f9660aca?ver=0.6