Bloomberg on Nostr: The Fed Stays Confident in the US Economy ========== Federal Reserve Chair Jerome ...
The Fed Stays Confident in the US Economy
==========
Federal Reserve Chair Jerome Powell expressed confidence in the US economy and dismissed concerns of stagflation. The statement came amidst doubts about the economy's trajectory. Powell's remarks were made on May 2, 2024. The article suggests that the Fed is not considering rate cuts in the near future. Regional banks are embracing a more conservative approach. The article is from Bloomberg Businessweek.
https://www.bloomberg.com/news/newsletters/2024-05-02/powell-and-the-fed-stay-confident-in-the-us-economyPublished at
2024-05-02 19:17:00Event JSON
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"content": "The Fed Stays Confident in the US Economy\n==========\n\nFederal Reserve Chair Jerome Powell expressed confidence in the US economy and dismissed concerns of stagflation. The statement came amidst doubts about the economy's trajectory. Powell's remarks were made on May 2, 2024. The article suggests that the Fed is not considering rate cuts in the near future. Regional banks are embracing a more conservative approach. The article is from Bloomberg Businessweek.\n\n\n\nhttps://www.bloomberg.com/news/newsletters/2024-05-02/powell-and-the-fed-stay-confident-in-the-us-economy",
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