Powell Says More Good Inflation Data Would Boost Fed Confidence
Bloomberg Businessweek
Federal Reserve Chair's Statements on Inflation, Interest Rates, and Market Reactions
The chapter explores Federal Reserve Chair Jerome Powell's recent comments on inflation and interest rates, focusing on the importance of good data for inflation confidence. It discusses market reactions to Powell's statements and economists' expectations for the upcoming CPI update. Insights on the Fed's role in addressing housing inflation and the Senate Banking Committee's emphasis on the Fed's independence are also covered.
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