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Fed Chair Jerome Powell Projects Optimism, But Inflation Data Are in the Driver’s Seat

Posted on AllSides May 2nd, 2024
From The Center
Economy and Jobs, Federal Reserve, Jerome Powell, Inflation, Banking and Finance
CHIP SOMODEVILLA/GETTY IMAGES

Federal Reserve Chair Jerome Powell tried to keep the central bank’s options open Wednesday by sticking with his view that interest rates are restrictive and that inflation was likely to resume its decline.

 

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https://www.wsj.com/economy/central-banking/fed-chair-jerome-powell-projects-optimism-but-inflation-data-are-in-the-drivers-seat-2e729027

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