Why the Fed looks likely to scramble back to a hawkish stance Federal Reserve Chair Jerome Powell departs his news conference in March Flash back to August 2022, when Fed Chair Jerome Powell gave a nine-minute speech at Jackson Hole, Wyo., warning investors to expect “some pain” in the economy in order to lower inflation. His blunt, hawkish remarks now seem like a distant memory. Over the past six months, Powell and his colleagues have been leaning dovish, strongly hinting they were preparing to cut interest rates. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts From 68 Cents to $18: The Inflation Shockwave at McDonald's READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE US inflation increases moderately; consumer spending boosts Q2 outlook READ MORE Silver Will Be GONE In The Blink Of An Eye…There’s A LOT LESS Than People Think! READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
