Today news
About the same in other media
Bond Yields Inch Higher After Powell Says Fed Will Hold the Line on Inflation
Reading now: 972
Government-bond yields edged higher on Friday after Federal Reserve Chairman Jerome Powell said that signs of slowing inflation haven’t given the central bank the all-clear to ease its tough stance against rising prices.
New data Friday morning from the Fed’s preferred inflation measurement confirmed investors’ sense that price pressures are cooling. Still, Mr. Powell said that the central bank’s job isn’t yet done: Its progress “falls far short” of what the Fed “will need to see before we are confident that inflation is moving down,” he told colleagues at the Fed’s annual conference in Jackson Hole, Wyo.
Read more on wsj.comAbout this in other media
Fed’s Powell Set to Speak on Economic Outlook wsj.com /1 year ago
Fed Vice Chair Brainard vows 'we are in this for as long as it takes' to stop inflation cnbc.com /1 year ago
Jerome Powell’s Inflation-Fighting Pledge Could Tee Up Another 0.75-Point Interest Rate Rise by Fed wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Where will Synthetix [SNX] end up after the latest SIP-276 proposal](https://fvbb.com/storage/thumbs_400/img/2022/9/5/39064_ecg.jpg)
![Charting a course for Solana [SOL] after its latest drawdown](https://fvbb.com/storage/thumbs_400/img/2022/9/4/38909_gwi.jpg)
