ylliX - Online Advertising Network
General Market News

Powell says Fed could tighten money policy this year, downplays inflation risks

Powell says Fed could tighten money policy this year, downplays inflation risks

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Federal Reserve Chairman Jerome Powell said the central bank could begin reversing its easy-money policies as soon as this year — and predicted that inflation, while a concern, is temporary and will subside in the coming months. Speaking at the Kansas City Federal Reserve Bank’s annual symposium, Powell emphasized the employment gains and economic recovery.

...read full article on New York Post

ylliX - Online Advertising Network