On the second day of testimony before Congress, Fed Chair Jerome H. Powell expressed cautious optimism about inflation trends, acknowledging some confidence that inflation is headed lower:
- Powell emphasized that he is not yet sufficiently confident to declare a sustainable decline to the 2% target.
- He underscored the importance of continued positive inflation readings to build greater confidence.
- The Fed aims to ease policy before inflation reaches the 2% level.
- Powell acknowledged the significant progress made on inflation.
- He indicated that the Fed's current policy remains restrictive.
- Powell highlighted that the economy is growing at an approximate rate of 2%.
- Inflation and job numbers are favorable.
- The neutral interest rate has likely moved up at least in the short term.
- Powell stressed the need for more time to shrink the balance sheet.
- His testimony underlined the Fed's cautious approach.
- The focus is on ensuring that inflation trends downwards sustainably before making any policy adjustments.
ندوة عن عواقب الحرب: إرتفاع أسعارالنفط؟
«أرامكو» تدفع مؤشر «تاسي» لأعلى إغلاق في 3 أسابيع وسط أداء قوي لأسهم البتروكيميائيات
أسواق الإمارات تتفتح على تراجع وسط تصاعد التوترات الإقليمية وضغوط الأسواق العالمية
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