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Fed's Powell: Disinflation is still absolutely occuring in the US
Added at 2:49pm
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FED'S POWELL: GOODS INFLATION IS COMING DOWN EVEN IF MORE SLOWLY THAN WE WOULD LIKE, WE STILL DON'T HAVE A SIGN OF PROGRESS ON THE SERVICES EX HOUSING SECTOR.
— Breaking Market News (@financialjuice) March 22, 2023
Added at 2:50pm
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Fed’s Powell: We Don’t Know the Extent of Impact of Tighter Credit Conditions
— *seven (@sevenloI) March 22, 2023
- We Don’t Really See Any Impact of Credit Tightening yet
- That Said, We Think It’s Quite Real
- That Argues for Being Alert When We Think of Further Rate Hikes
Added at 2:53pm
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FED'S POWELL: THERE ARE NOT BROAD WEAKNESSES IN BANKING SYSTEM.
— Breaking Market News (@financialjuice) March 22, 2023
Added at 2:54pm