Benzinga
Benzinga
  • 7 months ago
Fed Chair Jerome Powell pushed back on the idea that the central bank has become more tolerant of higher inflation levels, saying revisions to its economic projections don't mean a change in its commitment to bringing inflation down to 2%. The March jobs report, a key labor market indicator, will be released on Friday and provide new data on nonfarm payrolls, unemployment, wages, and more. Some economists have argued the Fed risks inflation rising further in the near term by signaling rate cuts even as inflation projections were revised up.

Recommended

0:42
I
Up next
Fed Chair Jerome Powell Sees No Rush for Rate Cuts as Economy Remains Resilient, Advocates Caution
Benzinga
0:49
Inflation Eases, Wages Rise
Benzinga
0:35
Fed Chair Powell Hints That Interest Rates May Be Cut Before Inflation Hits 2%, Says 'Hard Landing' Unlikely for US Economy
Benzinga
0:53
Federal Reserve Raises Interest Rates to Highest Level in Over 22 Years
Benzinga
0:38
Fed Chair Powell Stresses Caution on Interest Rate Cuts, Stresses Need for Confidence in Inflation Trend Before Rate Cuts
Benzinga
0:48
Michael Saylor's MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia
Benzinga
0:44
Recession Fears Dim, Data Shows Inflation Is Slowing
Benzinga
1:31
Federal Reserve Announces Pause On Rate Hikes Amid Easing Inflation
Wibbitz Top Stories
0:36
Fed Chair Jerome Powell Hints at Possible Interest Rate Cut in September
Benzinga
1:31
Inflation and Interest Rate Hikes Cornering Many U.S. Households
Wibbitz Top Stories
0:33
Fed Expected to Keep Interest Rates High as Optimism Remains High for September Rate Cuts
Benzinga
0:41
Global Inflation Soars, Rates Rise
Benzinga
1:58
US Fed pauses rate hikes, but warns inflation risks persist
The Star
0:31
Fed Chair Jerome Powell Remains Unfazed by Economic Worries Despite Calls to Act Immediately on Rate Cuts
Benzinga
0:43
Druckenmiller Wary of Fed's Overdoing Rate Cuts After Jobs Data. Payrolls Increase, Lower Unemployment Shift Fed Expectations.
Benzinga
0:33
Fed Governor Michelle Bowman: The Possibility of Raising Interest Rates Still on the Table
Benzinga
0:40
U.S. Economy Surpasses Expectations with 3% GDP Growth in Q2. Inflation Remains Above Target, But Far from Pandemic Highs.
Benzinga
1:43
Fed Put No More?
The Street
0:36
U.S. Adds 254,000 Jobs In September As Economists Note Signs Of A 'Soft Landing'
Benzinga
0:31
Interest Rate Increases Will Hinge on Data, Powell Says
Benzinga
0:37
Federal Reserve Maintains Interest Rates, Citing 'Lack of Progress.' Sees Future Rate Hikes 'Unlikely.'
Benzinga
1:31
US Weekly Jobless Claims Drop
Wibbitz Top Stories
0:58
Interest rates just went up 0.5%! #shorts
Bullish Studio
0:58
US Inflation Eases More Than Expected In May, Boosts 2024 Rate Cut Prospects Ahead Of Wednesday's Fed Meeting
Benzinga
0:39
​​Trump’s Election Won't Shift Fed's Near-Term Path, Says Fed Chair Jerome Powell
Benzinga