On April 16th, at 1:30 am on Thursday, Federal Reserve Chairperson Powell attended the Chicago Economic Club event and delivered a speech. In the context of falling inflation and increasing recession risks, the market is concerned about how Powell responds to tariff issues and interest rate cuts expectations. At that time, gold and silver exchanges may experience sharp fluctuations. Click to see more forward-looking...
On May 14, Federal Reserve Chairperson Jerome Powell said that the Federal Reserve needs to be patient and wait for more evidence that high interest rates are suppressing inflation, thus doubling the need for interest rates to remain high for a longer period of time. Powell expects inflation to fall on a monthly basis, but the price data in Quarter 1 has dented his confidence. The lack of further progress on inflation in Quarter 1 in the United States is noteworthy. The Federal Reserve does not ...
Federal Reserve Chairperson Jerome Powell says the Fed needs to be patient and wait for more evidence that high interest rates are dampening inflation, thereby doubling the need for rates to stay high for longer. Powell expects inflation to fall on a monthly basis, but the price data for Quarter 1 has dented his confidence. The lack of further progress on inflation in U.S. Quarter 1 is notable. The Fed doesn't see fighting inflation as a smooth path, but recent data has been higher than anyone e...
Federal Reserve Chairperson Jerome Powell says the Fed needs to be patient and wait for more evidence that high interest rates are dampening inflation, thereby doubling the need for rates to stay high for longer. Powell expects inflation to fall on a monthly basis, but the price data for Quarter 1 has dented his confidence. The lack of further progress on inflation in U.S. Quarter 1 is notable. The Fed doesn't see fighting inflation as a smooth path, but recent data has been higher than anyone e...