Fed Chair Powell: Goods inflation is coming down pretty fast

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Fed Chair Jerome Powell answers questions from reporters after the central bank announced it was raising interest rates another 25 basis points.
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Fed Chair Powell: 0:02:19

Fed Chair Powell: Goods inflation is coming down pretty fast

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Fed Chair Powell: There is a path to getting inflation to 2% without a significant economic decline

Chair Powell speaks 1:01:16

Chair Powell speaks after Fed lifts inflation expectations, sees rate hikes in 2023 — 6/16/21

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Fed Chair Jerome Powell on the status of inflation

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Fed Chair Powell: We want to see more consistent progress with inflation and the labor market

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Powell Says More Good Inflation Data Would Strengthen Fed Confidence

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The data clearly shows a welcome decrease in prices: Fed Chair Powell

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Комментарии
Автор

Hasn't come down at my grocery store yet, just saying

billw
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Just wait until they run out of oil from the strategic reserve to manipulate gas prices.

theMoney
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Now it's coming down, it coming down pretty fast? hmmm, this was two mos. ago. I see the prices going up and the quantity getting smaller. I'd like to know where he shops.

jans
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I love how they lie on tv and in all of our faces!

davidngan
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Commodity Prices seem relatively simple to control in the short term.
The small number of Commodity Traders who actually understand the Economy, seemed to have just returned from Swiss vacations in Davos.
The ability to avoid some Revenue increase seems small price to pay for continued support from the FED?
We do not want to allow this Roaring Twenties to get too

danielhutchinson
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Where these guys are living? Inflation down?

miopera
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In 1929 Hoover was an Engineer who had returned from exploring China's resources.
In 2023 Joe Biden seems like he is about to retire from a long career of serving Investors.
The difference is dramatic, Hoover even offered some progressive ideas but Congress insisted that the Treasury could not afford any incentives.
"Could be bad." Tschudi

danielhutchinson
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It's only temporary they only look at certain items. Food and rent not included in their forecast. Basically if you are Rich hooray if you are poor you're screwed.

williamreed