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Fed's Powell: More Concerned Inflation Will Stabilize At Elevated Level
Fed's Powell: More Concerned Inflation Will Stabilize At Elevated Level
— LiveSquawk (@LiveSquawk) January 31, 2024
- We Are Not Rushing
Added at 3:00pm
Added at 3:01pm
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Fed's Powell: We Are Not Looking For Inflation To Tap 2% Once; We Are Looking For It To Settle Out At 2%
— LiveSquawk (@LiveSquawk) January 31, 2024
Added at 3:04pm
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Powell gives a hard shove *against* a March cut:
— Nick Timiraos (@NickTimiraos) January 31, 2024
"I don't think it's likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to [cut], but that's to be seen."
Added at 3:08pm
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FED'S POWELL Q&A: FED CAN'T ADDRESS SHORTAGE OF HOUSING SUPPLY; MKT RENTS FLAT OR INCREASING AT SLOWER RATE AND THAT WILL SHOW UP IN INFLATION #Powell #FOMC #FederalReserve #economy
— Mace News (@MaceNewsMacro) January 31, 2024
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