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Fed Chief Jerome Powell warns that U.S. could face "supply shocks"
Federal Reserve Chair Jerome Powell is cautioning that the U.S. could face an increase in supply shocks. The comes a week after the central bank announced it would hold interest rates steady amid a period of economic uncertainty.
Fed's Powell says US may be entering period of more frequent and persistent 'supply shocks'
Federal Reserve Chair Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.
As the Fed devises its new strategy, Powell sees an economy with ‘more volatile’ inflation
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.
Walmart, Fed’s Powell and Dick’s Sporting Goods, Footlocker deal: Live Updates
As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a blockbuster retail merger.
Fed's Powell: Strategy around both jobs and inflation needs to be reconsidered
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy given the inflation experience of the last few years and the possibility that supply shocks and the associated price increases may become more frequent in the years ahead,
Fed Chair warns of ‘persistent supply shocks’, analyst responds
Fed Chair Jerome Powell warns of persistent supply shocks driving inflation — crypto analyst says Bitcoin is becoming a safe haven amid economic uncertainty.
Powell warns economy could face more frequent 'supply shocks'
Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.
Powell's lean to job market under microscope as Fed revisits strategy
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, Federal Reserve Chair Jerome Powell oversaw a shift in U.S. central bank strategy that put more weight on the goal of full employment and pledged not to use a low jobless rate as a reason in itself to raise interest rates.
Powell señala que la Fed evalúa un cambio en el marco de la política monetaria
El presidente de la Reserva Federal, Jerome Powell, dijo que los responsables políticos están evaluando cambios en partes clave del marco que guía sus decisiones de política monetaria, incluyendo cómo consideran los déficits en el empleo en Estados Unidos y cómo abordan su objetivo de inflación.
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