Today news
About the same in other media
23.11 - 02:23
Transcript: Fed Chief Powell’s Postmeeting Press Conference
Reading now: 375
Federal Reserve Chairman Jerome Powell on Wednesday discussed the central bank’s decision to not raise interest rates and its outlook for inflation, noting that the Fed continues to see the economy adjusting to the supply-and-demand imbalances that have been driving prices up. As this process unfolds, inflation should ease to levels closer to the central bank’s 2% target, Mr.
Powell said. During a press conference after the Fed’s monetary policy meeting, he also discussed why officials decided to begin reducing the central bank’s $120 billion-a-month asset-purchase program.
Here is a transcript, lightly edited for clarity...
. Read more on wsj.comAbout this in other media
Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB cointelegraph.com /2 years ago
Biden to Nominate Jerome Powell for Second Term as Federal Reserve Chairman wsj.com /2 years ago
President Biden picks Jerome Powell to be next Fed chair cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
