Miner Company
Powell sees inflation outlook in check, no wider crisis yet in private credit
Federal Reserve Chair Jerome Powell said that he sees inflation expectations as being grounded, even as energy prices rise. In the near term, the right move is to look beyond the short-term gyrations of the energy market and concentrate on the Fed's goals of stable prices and low unemployment, Powell said.
Federal Reserve Chair Jerome Powell said that he sees inflation expectations as being grounded, even as energy prices rise. In the near term, the right move is to look beyond the short-term gyrations of the energy market and concentrate on the Fed's goals of stable prices and low unemployment, Powell said.