Fed Chair Powell (Q&A) would not say employment is more at risk than inflation
Fed Chair Powell's remarks suggest a balanced view on the risks to employment and inflation, indicating that the Fed remains vigilant on both fronts.
Fed Chair Powell (Q&A) says if his successor is not confirmed before his term expires, he would serve as Fed Chair pro tem; no intention of leaving the Board until the DoJ investigation is over
Qatar says Iranian Ras Laffan attack is "direct threat" to its national security
Fed Chair Powell (Q&A) would not say employment is more at risk than inflation
Fed Chair Powell (Q&A) says it is frustrating that non-housing services inflation has not come down
Fed Chair Powell (Q&A) says Fed is waiting for tariff pass-through process to go through so goods returns to previous levels
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- Well-above inflation at 2% is a concern
- Hard-pressed to say one part of the mandate is more at risk than the other
This could imply a measured approach to policy, signaling that while inflation is a priority, employment is still a key concern, potentially influencing market expectations for interest rates going forward.
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