YOU WONT BELIEVE: 128 - What They Never Told You

Inflation and the economy: a delicate balancing act

When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman…

Bangkok Post · Aug 27, 2022

The Bull, Bear Case For Palantir Stock After Powell's Tone Spooks Markets

Palantir Technologies, Inc (NYSE: PLTR) ended Friday 5.7% lower in sympathy with the general markets, which reacted bearishly to U.S.

Benzinga · Aug 26, 2022

EXCLUSIVE: Why Stephanie Link Says Jerome Powell Sounds More Hawkish — And She Expects Inflation To Move Higher

At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank's plan to cut inflation to 2% will cause "some pain" for U.S. households.

Benzinga · Aug 26, 2022

US spending posts weak gain even as fed inflation gauge eases

U.S. consumer spending rose at a sluggish pace in July, even while Americans got some relief on prices, indicating the economy is feeling the pinch from the highest inflation in a generation.

Tribune News Service · Aug 26, 2022

Powell talks tough, warning rates are going to stay high for some time

Federal Reserve Chair Jerome Powell signaled the U.S. central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course.

Tribune News Service · Aug 26, 2022

Powell’s new guidance: Higher rates for longer to beat inflation

Federal Reserve Chair Jerome Powell signaled the U.S. central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course.

Tribune News Service · Aug 26, 2022

Dow plunges 1,000 points after Fed chief Powell warns of inflation ‘pain’

US stock markets nosedive as Jerome Powell says at top bank summit the ‘overarching focus is to bring inflation back down’

The Guardian - US · Aug 26, 2022

Jerome Powell says Fed is resolved to fight inflation even if it brings economic pain

The Fed's chair comments signal the central bank is determined to continue raising interest rates to bring down inflation.

WEKU · Aug 26, 2022

Fed chief says more 'pain' ahead

JACKSON HOLE, Wyoming: Taming high US inflation will inflict “pain” on American families and businesses, but failure to wrestle prices down from their current 40-year high would be even more harmful, Federal Reserve chairman Jerome Powell said on Friday in a highly anticipated speech to global policymakers.

Bangkok Post · Aug 26, 2022

Powell: Fed could keep lifting rates sharply 'for some time'

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades

The Independent UK · Aug 26, 2022