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Powell

Posted by goldielocks @ 16:36 on March 12, 2024  

Is he or isn’t he, I guess only the Banks will know. Market getting jittery.

Fed Officials to Signal Interest Rate Cuts Are Getting Closer
March 10, 2024

https://www.bloomberg.com/news/articles/2024-03-10/powell-says-fed-s-close-to-evidence-needed-on-inflation-to-cut-interest-rates

Inflation is now ‘moving more sideways than down’—and it could keep the Fed from cutting rates anytime soon 

Rent, gas prices drive up headline number, but investors still hopeful for interest-rate relief starting in June.

BY

DYLAN SLOAN

AND

ALENA BOTROS

March 12, 2024 12:23 PM EDT

https://fortune.com/2024/03/12/inflation-bls-cpi-fed-rate-cuts-june-headline-core/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.