Powell: Tariffs exceed the Fed's optimistic expectations

ChainCatcher News, Fed Chair Jerome Powell said that tariff levels exceeded the Fed’s optimistic expectations. The Fed must keep inflation expectations steady; The Fed’s role is to ensure that inflation expectations do not turn into persistent inflation. Our responsibility is to make sure that this (inflation) rise is only a one-off time. (Golden Ten)

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MoneyALotvip
· 04-17 01:09
ChainCatcher news, The Federal Reserve (FED) Chairman Powell stated that the tariff levels have exceeded the optimistic expectations of the FED. The FED must maintain stability in inflation expectations; it is the responsibility of the FED to ensure that inflation expectations do not evolve into persistent inflation. Our responsibility is to ensure that this (inflation) rise is only a one-time event. (Jin10)
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OrlandoQuantitativeStrategyvip
· 04-17 01:06
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LuckyStarvip
· 04-17 00:18
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