-
Powell: GDI wasn't as low as once thought "removes a downside risk to the economy"
Powell in the Q&A at NABE: The upward revisions of GDI were "quite interesting"
— Nick Timiraos (@NickTimiraos) September 30, 2024
That GDI wasn't as low as once thought "removes a downside risk to the economy"
The upward revision to the savings rate does the same thing. "That suggests spending can continue at a healthy level"
-
Powell: There's still an unresolved tension between consumption data, which has been good, and the employment data, which has shown a cooling trend of late.
— Nick Timiraos (@NickTimiraos) September 30, 2024
The labor market may give a better real-time picture. GDP doesn't predict downturns as well as labor data.
-
Powell Says Fed Is Not In A Hurry To Cut Rates Quickly, Reiterates Data Dependence
— LiveSquawk (@LiveSquawk) September 30, 2024
-
*POWELL: LOOKING AT RATE CUT PROCESS TO PLAY OUT OVER SOME TIME
— DB News TradFi (@DBNewswire) September 30, 2024
-
Fed’s Powell: If Economy Evolves As Expected, Would Mean Two More Cuts This Year For Total Of 50Bps
— LiveSquawk (@LiveSquawk) September 30, 2024
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 30, 2024 2:13pm Sep 30, 2024 2:13pm
- frioslegend
- | Joined Jun 2023 | Status: Member | 80 Comments
- Comment #2
- Quote
- Sep 30, 2024 2:19pm Sep 30, 2024 2:19pm
- Fix-it
- | Joined Oct 2019 | Status: Member | 124 Comments
- Comment #3
- Quote
- Sep 30, 2024 2:19pm Sep 30, 2024 2:19pm
- asmadi78
- Joined Oct 2012 | Status: Member | 826 Comments
- Comment #4
- Quote
- Sep 30, 2024 2:21pm Sep 30, 2024 2:21pm
- atillaken
- | Joined Sep 2018 | Status: Member | 341 Comments
- Comment #5
- Quote
- Sep 30, 2024 2:22pm Sep 30, 2024 2:22pm
- Guest
- | IP XXXX:39d:45
- Comment #6
- Quote
- Sep 30, 2024 2:24pm Sep 30, 2024 2:24pm
- frioslegend
- | Joined Jun 2023 | Status: Member | 80 Comments
- Comment #7
- Quote
- Edited 3:30pm Sep 30, 2024 3:16pm | Edited 3:30pm
- Ftmofx
- | Commercial Member | Joined Feb 2022 | 1061 Comments