Powell says ‘too soon to say’ what appropriate path for monetary policy will be

2 months ago 23

Unlock banal picks and a broker-level newsfeed that powers Wall Street.

TipRanks

Sat, Apr 5, 2025, 8:35 AM 1 min read

In This Article:

Federal Reserve Chair Jerome Powell, successful a code astatine the Society for Advancing Business Editing and Writing yearly conference, stated successful part: “Our monetary argumentation stance is good positioned to woody with the risks and uncertainties we look arsenic we summation a amended knowing of the argumentation changes and their apt effects connected the economy. It is not our relation to remark connected those policies. Rather, we marque an appraisal of their apt effects, observe the behaviour of the economy, and acceptable monetary argumentation successful a mode that champion achieves our dual-mandate goals… Our work is to support longer-term inflation expectations good anchored and to marque definite that a one-time summation successful the terms level does not go an ongoing ostentation problem. We volition proceed to cautiously show the incoming data, the evolving outlook, and the equilibrium of risks. We are good positioned to hold for greater clarity earlier considering immoderate adjustments to our argumentation stance. It is excessively soon to accidental what volition beryllium the due way for monetary policy.”

Discover the latest stocks recommended by apical Wall Street analysts, each successful 1 spot with Analyst Top Stocks.
Make smarter investments with play adept banal picks from the Smart Investor Newsletter.

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See Insiders’ Hot Stocks connected TipRanks >>

Read More connected SPY:

Disclaimer & DisclosureReport an Issue

Powell says tariff increases apt to bring higher inflation
DB, UBS, BCS: European Banks Slammed connected Fears of a Global Recession
Trump says ‘perfect time’ for Fed Chair to chopped involvement rates
Trump Promises that His Policies Will “Never Change” arsenic Stocks Continue to Plummet
VZ, MO, T: Investor Bill Gross Says ‘Buy Dividend Stocks’ arsenic Markets Crash

Read Entire Article