-
Powell: Don't see case for meaningfully restrictive policy; Every supply shock can drive up inflation, unemployment
*POWELL: DON'T SEE CASE FOR MEANINGFULLY RESTRICTIVE POLICY
— zerohedge (@zerohedge) April 29, 2026
*POWELL: EVERY SUPPLY SHOCK CAN DRIVE UP INFLATION, UNEMPLOYMENT
-
FED CHAIR POWELL: GASOLINE PRICES WILL HINGE ON HOW LONG THE STRAIT REMAINS CLOSED, RAISING THE QUESTION OF WHETHER CONSUMER SPENDING WILL PULL BACK ENOUGH TO OFFSET THE INFLATIONARY EFFECTS — AND IT IS NOT OBVIOUS THAT THIS WOULD WARRANT A POLICY RATE MOVE.
— First Squawk (@FirstSquawk) April 29, 2026
-
FED CHAIR POWELL: FED INDEPENDENCE IS ENSHRINED IN LAW — WE HAVE EVEN HAD TO GO TO COURT TO DEFEND IT — BUT IT EXTENDS BEYOND THE LAW AS WELL, REQUIRING THAT THE BOUNDARIES BETWEEN THE TREASURY AND THE FED BE RESPECTED.
— First Squawk (@FirstSquawk) April 29, 2026
- Comments / Top
- Subscribe
-
- Older Stories
From @cablefxmacro|Apr 29, 2026*POWELL: PROSPECTS OF CORE INFLATION RISING ARE REAL *POWELL: POLICY STANCE IN A VERY GOOD PLACE Powell: The labor market shows more signs of stabilizing while inflation is 'kind of misbehaving' pic.twitter.com/tmvno3QAyv FED CHAIR POWELL: WE ARE NOW AT THE HIGH END OF NEUTRAL — SLIGHTLY RESTRICTIVE — WHICH IS PRECISELY THE RIGHT PLACE TO BE, ALLOWING US TO WAIT AND OBSERVE HOW THINGS UNFOLD BEFORE TAKING ACTION. FED CHAIR POWELL: WE BELIEVE THE POLICY RATE IS IN A GOOD PLACE — WELL POSITIONED TO MOVE IN EITHER DIRECTION; IF A HIKE BECOMES NECESSARY, WE WILL SIGNAL AND DELIVER IT, AND THE SAME APPLIES IF A CUT IS WARRANTED. POWELL: OIL EFFECTS ON U.S. LESS THAN ON EUROPE, ASIA POWELL: IF THIS GOES ON FOR MUCH LONGER WILL FEEL IT MUCH MORE
From @financialjuice|Apr 29, 2026|2 commentsFed's Powell: I don't see the labor market as a source of inflation POWELL: PEOPLE NOT SAYING WE NEED TO HIKE NOW FED CHAIR POWELL: WE DO NOT WANT TO CONFUSE MARKETS REGARDING OUR REACTION FUNCTION, ADDING THAT IT'S A WORTHWHILE DEBATE TO BE HAVING — WITH A SOUND ARGUMENT ON THE OPPOSING SIDE AS WELL. FED CHAIR POWELL: CONCERN OVER MONETARY POLICY CREDIBILITY IS NOT WHAT'S DRIVING MY DECISION TO REMAIN IN ROLE, ADDING THAT WARSH POSSESSES THE SKILLS TO PERFORM WELL. POWELL: I WOULD NEVER BE A SHADOW CHAIR POWELL: I WILL BE A GOVERNOR POWELL: I RESPECT THE ROLE OF CHAIR
From @FirstSquawk|Apr 29, 2026|3 commentsFED CHAIR POWELL: WE WILL WANT TO SEE THE BACKSIDE OF BOTH THE ENERGY AND TARIFF SHOCKS BEFORE EVEN CONSIDERING RATE CUTS, ADDING THAT THE ENERGY SURGE HAS NOT YET REACHED ITS PEAK. - POWELL: NUMBER SEEING HIKE AS LIKELY AS A CUT HAS MOVED UP FED CHAIR POWELL: THERE IS NO RUSH TO MAKE A DECISION ON LANGUAGE AT THIS POINT, AS DEVELOPMENTS OVER THE NEXT 30 TO 60 DAYS COULD ALTER THE PICTURE — ADDING THAT TODAY'S CALL WAS CLOSER THAN THE ONE IN MARCH. FED CHAIR POWELL: NEW LEADERSHIP IS LIKELY TO BE IN PLACE BY JUNE, AND IT REMAINS UNCERTAIN WHETHER THE EASING BIAS WILL BE RETAINED IN THE STATEMENT AT THAT POINT. Asked if the decision about Cook will affect his decision on leaving Powell said "not really".
-
- Newer Stories
From @FirstSquawk|Apr 29, 2026|1 commentFED CHAIR POWELL: WE WILL STAY THE COURSE UNTIL INFLATION RETURNS TO TARGET, ACKNOWLEDGING THAT EVENTS KEEP EMERGING THAT PUSH COSTS HIGHER AND THAT REACHING 2% COULD BE VERY COSTLY — BUT THE GOAL IS TO GET THERE OVER TIME WHILE INFLICTING THE LEAST POSSIBLE DAMAGE. POWELL: THE UNEMPLOYMENT RATE IS QUITE CLOSE TO ITS NATURAL LEVEL, THOUGH THE LABOR MARKET DOESN'T FEEL STRONG TO SOME BECAUSE QUITS AND HIRES REMAIN LOW, WITH FEW NEW OPPORTUNITIES. *POWELL: DOESN'T FEEL LIKE GOOD MARKET FOR THOSE WITHOUT JOBS FED CHAIR POWELL: THE LABOR MARKET IS IN AN UNUSUAL AND UNCOMFORTABLE BALANCE, WITH INFLATION REMAINING THE PRIMARY ISSUE TO ADDRESS; HE EXPECTS TARIFF-DRIVEN INFLATION TO EASE THIS YEAR, WITH THAT MODERATION SET TO BEGIN SOON, AND VIEWS THE CURRENT POLICY STANCE AS WELL… FED'S POWELL Q&A: 'NOT LOOKING TO BE A HIGH-PROFILE DISSIDENT' ON BOARD; BEEN CHALLENGING TO DEAL WITH SIX YEARS OF SUPPLY SHOCKS; 'A DIFFERENT WORLD' #Powell #FOMC #FederalReserve #economy
From @FirstSquawk|Apr 29, 2026|6 commentsFED CHAIR POWELL: THE ECONOMY IS POWERING THROUGH ONE SHOCK AFTER ANOTHER, WITH PEOPLE STILL SPENDING, AND HE HAS NOT YET OBSERVED MUCH OF A SLOWDOWN FROM RISING GASOLINE PRICES.
From cnbc.com|Apr 29, 2026|12 commentsFederal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s ...
- Story Stats
- Apr 29, 2026 2:05pm Posted by
Medium Impact
Breaking
13,518 - Linked events:
