The Fed: U.S. economy is trending in the Fed’s direction, so expect Powell to tread carefully this week

Date:

Share post:


“If things go well the first time, might as well try it again” might be Federal Reserve Chair Jerome Powell’s mantra as he prepares for this week’s policy meeting, economists say.

Powell’s speech at the central bank’s annual summit in Jackson Hole, Wyo., last month seemed to satisfy both hawks and doves, with a combination of anti-inflation rhetoric and dovish details that revealed no concrete plans to raise interest rates again.

“The…



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles