Fed Chair Powell (Q&A), asked if the Fed is divided, notes Committee has always had debates, and we are in an unusually difficult situation with four price shocks in recent history

Newsquawk StaffFederal Reserve newsPublished 29 Apr 2026, 19:23 UTC

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19:05

Fed Chair Powell (Q&A) says gas prices will depend on war; but if they go up, people will spend less on other items and there will be a hit to GDP

19:05

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19:03

Fed Chair Powell (Q&A), asked if the Fed is divided, notes Committee has always had debates, and we are in an unusually difficult situation with four price shocks in recent history

19:02

Fed Chair Powell (Q&A) notes energy price impact on the US is less than in Europe or Asia

19:02

Fed Chair Powell (Q&A) says cannot know the neutral rate with certainty

On the Newsquawk feed at 19:03, 20 minutes before this page.

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Every supply shock has the potential to drive up inflation and unemployment
Fed needs to balance the achievement of the goals
These are tough judgements
Natural, therefore, that there are a range of views on the Committee

Context

Fed Chair Powell's comments highlight the ongoing divisions within the Committee as they face multiple supply shocks impacting inflation and unemployment. His emphasis on the difficulty of balancing policy goals suggests a cautious approach, which may keep the market on edge about future rate decisions. Traders should watch for shifts in sentiment that could influence the USD and fixed income markets as these debates evolve.

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