John Williams from the Federal Reserve dismissed concerns about stagflation, while emphasizing that the Fed will place particular importance on ensuring that no one questions price stability in the U.S.
Williams added that inflation expectations are "well anchored," which stands in stark contrast to the continued rise in inflation expectation readings according to the University of Michigan (4.4%).
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe University of Michigan report seems to reflect strong concerns about rising prices, possibly driven by broad 10% tariffs. Consumer sentiment has dropped to record lows, indicating growing tension and uncertainty among Americans.
At the same time, we’re seeing a modest rebound on Wall Street. The main indices have just moved out of the red and are trading slightly positive, while the Nasdaq is up by 0.5%.
Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
