ManuelRD
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Bullish
#PowellRemarks
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Powell says the economy may be on a "slightly firmer path than expected"
The U.S. labor market remained stagnant in its low hiring and firing slump until September, although the economy "may be on a slightly firmer path than expected"
Powell pointed out that authorities will take a "meeting by meeting" approach to interest rate cuts as they balance the weakness in the labor market with inflation above target.
At a conference of the National Association for Business Economics in Philadelphia, he acknowledged the economic dilemma that has divided U.S. central bank officials almost evenly.
Between those more concerned about still high and potentially rising inflation, and those worried that the labor market may be facing a rapid downturn.
$BNB
$ETH
$SOL
🚨🔥🚨🔥🚨🔥🚨
Powell says the economy may be on a "slightly firmer path than expected"
The U.S. labor market remained stagnant in its low hiring and firing slump until September, although the economy "may be on a slightly firmer path than expected"
Powell pointed out that authorities will take a "meeting by meeting" approach to interest rate cuts as they balance the weakness in the labor market with inflation above target.
At a conference of the National Association for Business Economics in Philadelphia, he acknowledged the economic dilemma that has divided U.S. central bank officials almost evenly.
Between those more concerned about still high and potentially rising inflation, and those worried that the labor market may be facing a rapid downturn.
$BNB
$ETH
$SOL
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