Powell Says We’re Driving in the Fog on Inflation
0:48
YouTubeKP Talks Dollars and Sense
Powell Says We’re Driving in the Fog on Inflation
Tariff inflation’s ticking up — but Powell says it’s just a one-time bump. The Fed expects things to smooth out over time, yet with wages lagging and job growth slowing, the bigger question is: how strong is the economy, really? Right now, core inflation (excluding tariff goods and housing) sits at 2.3%. Non-housing services ticked up ...
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Powell Speech
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Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 1/31/2024
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🔥 Fed Slashes Rates 25 bps – Powell’s Speech Highlights! 📉 Powell on the latest rate cut to 3.75-4%: ✅ Labor market cooling – hiring slowing, unemployment risks rising ✅ Inflation ticking up to ~3% – tariffs pushing prices (likely temporary) ✅ No December cut promise – “Not a foregone conclusion” (FOMC split 10-2) ✅ Gov shutdown = data fog – Fed moving cautiously ✅ QT ends Dec 1 – Liquidity boost incoming! Markets volatile – hawkish tone sparks dip. What’s next for rates? 👀 #FedRateCut #Powel
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🔥 Fed Slashes Rates 25 bps – Powell’s Speech Highlights! 📉 Powell on the latest rate cut to 3.75-4%: ✅ Labor market cooling – hiring slowing, unemployment risks rising ✅ Inflation ticking up to ~3% – tariffs pushing prices (likely temporary) ✅ No December cut promise – “Not a foregone conclusion” (FOMC split 10-2) ✅ Gov shutdown = data fog – Fed moving cautiously ✅ QT ends Dec 1 – Liquidity boost incoming! Markets volatile – hawkish tone sparks dip. What’s next for rates? 👀 #FedRateCut #Powel
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15K views · 242 reactions | Colin Powell, the former four-star general who became the first Black U.S. secretary of state, has died at the age of 84. Anita McBride, former senior adviser to Powell, says she will remember him as 'an incredible public servant, but also a gentle human being.' | CBC News | Facebook
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