Federal Reserve Chair Jerome Powell has stated that inflation in the United States is still too high and warns of the possibility of more rate hikes if the economy heats up. Powell believes that a strong economy may still require rate increases to control inflation. He emphasizes the need for lower economic growth to bring down inflation. The Fed Chair's comments indicate that the central bank is closely monitoring inflation and may take further action to curb it.
Powell says inflation still 'too high,' warns of more rate hikes if economy heats up https://t.co/mDXDwHp6Rs by @Jenniferisms
🔴 FED’S MESTER: THE FED MUST NOT BE COMPLACENT ON GETTING INFLATION BACK TO 2%.
🔴 FED'S BOSTIC: WE ARE NOT GOING TO SEE A RECESSION, INFLATION WILL GO TO 2%.
Jay Powell will keep saying inflation is too high until consumers believe him https://t.co/JRG9REskVD by @hshaban
FED CHAIR POWELL SAYS INFLATION IS STILL TOO HIGH AND WARNS OF MORE RATE HIKES IF ECONOMY HEATS UP DO YOU AGREE WITH HIM? https://t.co/0jyDnC4BmH
#Powell actually said that he still sees a risk of having too low #inflation. He admitted that the current risk is too high inflation, but once he gets the rate down to 2% he is actually worried it could go lower. What a great "problem" to have, as consumers could use the relief.
🇺🇸 Powell: Strong economy may need more restraint, but bond markets are helping Full Story → https://t.co/WJ1RKcT73N The U.S. economy's strength and continued tight labor markets could require still tougher borrowing conditions to control inflation, Fed Chair Jerome Powell… https://t.co/2pGrhc3pe6 https://t.co/Hr9jhUct9G
Fed's Powell: Strong economy may still require rate increases https://t.co/1R5D3r3nHw
Fed's Powell: Strong economy may still require rate increases https://t.co/Zb4rUPnzGY
US inflation is ‘still too high’: Fed Chair Powell https://t.co/2WhItaIQys
Powell on why long-end yields are rising: https://t.co/2AYU561cQ5
Fed’s Powell: Inflation is still too high.
Fed’s Jerome Powell says strong economy could require rate hikes: ‘Inflation is still too high’ https://t.co/N3FJ2TPJ5b https://t.co/okJxT4v4Qb
POWELL: WILL LET MARKET YIELD RISE PLAY OUT, FED WILL WATCH IT
🔴 FED'S POWELL: HIGHER BOND YIELDS IS A TIGHTENING, AND AT MARGIN COULD REDUCE NEED FOR FED TO TIGHTEN.
🔴 FED'S POWELL: THE HIGHER BOND YIELDS ARE PRODUCING TIGHTER FINANCIAL CONDITIONS WHICH THE FED WANTS.
Powell's explanation for why long-term yields are up (not inflation compensation, not Fed policy expectations) suggests that, if sustained, this is a clear substitute for further tightening. Is this tightening financial conditions? "The answer so far would be yes, you are."
🔴 FED'S POWELL: FED POLICY IS BLUNT, BUT IT'S WHAT THE FED HAS TO TACKLE INFLATION.
*POWELL: FED HAS TO LET RISE IN YIELDS PLAY OUT, WATCH IT
*POWELL: FED HAS TO LET RISE IN YIELDS PLAY OUT, WATCH IT
⚠️ POWELL: WILL LET MARKET YIELD RISE PLAY OUT, FED WILL WATCH IT
🔴 FED'S POWELL: BOND YIELD RISE DOESN'T SEEM TO BE ABOUT EXPECTATIONS OF THE FED DOING MORE ON RATES.
⚠️ FED'S POWELL ON INFLATION AND BOND MARKETS: https://t.co/DhWb208Fvo
🔴 FED'S POWELL: THE BOND YIELD RISE IS TIGHTENING FINANCIAL CONDITIONS.
Powell says inflation still 'too high,' warns of more rate hikes if economy heats up https://t.co/o5YauVQ4km by @Jenniferisms
🔴 FED'S POWELL: BOND YIELDS ANALYSIS NEEDS HUMILITY.
⚠️ FED'S POWELL: **BOND YIELDS ANALYSIS NEEDS HUMILITY
🔴 FED'S POWELL: RIGHT NOW THE RISK IS STILL HIGH INFLATION.
🔴 FED'S POWELL: OUR ECONOMY IS DOING VERY WELL.
Powell says inflation is still too high and lower economic growth is likely needed to bring it down https://t.co/Jdivt8pr98
🔴 FED'S POWELL: THE FED'S ISSUE IS TRYING TO GET POLICY RIGHT TO BRING INFLATION BACK TO 2%.
🔴 FED'S POWELL: IT'S POSSIBLE WE ARE GOING INTO A MORE INFLATIONARY PERIOD, BUT IT'S HARD TO KNOW.
⚠️ FED'S POWELL: **IT'S POSSIBLE WE ARE GOING INTO A MORE INFLATIONARY PERIOD, BUT IT'S HARD TO KNOW