The Federal Reserve had previously signaled at its policy meeting last month that there would likely be three interest rate hikes this year, with the first coming as soon as March
Stocks were lower ahead of Powell’s testimony—with the Dow Jones Industrial Average down as much as 250 points, but all three indexes pared back losses by midday after his comments.
Powell, who is expected to win a second term as Fed chairman, faced questions at his Senate confirmation hearing about how the central bank will adjust monetary policy to combat inflation. While Powell predicted that supply chain issues would normalize later this year, which should help ease inflationary pressures, he said that the Fed will not be afraid to raise interest rates further than projected if inflation remains high.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
U.S. economy can withstand Fed tightening, Omicron surge, Powell saysFederal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his likely confirmation for a second term as head of the U.S. central bank, said on Tuesday the economy should weather the current COVID-19 surge with only 'short-lived' impacts and was ready for the start of tighter monetary policy.
続きを読む »
Powell pummeled over inflation, jobs at confirmation hearing, despite bipartisan support for Fed chairJerome Powell is expected to sail through the confirmation process to lead the Federal Reserve for another four years with broad bipartisan support, but that didn't stop lawmakers from tearing into the central banker over everything from soaring inflation to a string of trading scandals at the central bank.
続きを読む »
Fed's Powell: Inflation poses a major threat to job market | AP NewsWASHINGTON (AP) — Chair Jerome Powell acknowledged Tuesday that high inflation has emerged as a serious threat to the Federal Reserve's goal of helping put more Americans back to work and that the Fed will raise rates more than it now plans if needed to stem surging prices.
続きを読む »
Powell says delayed Fed report on digital currencies will be released 'within weeks'Powell says delayed Fed report on digital currencies will be released ‘within weeks’
続きを読む »
EUR/USD Forex Signal: Rangebound Ahead of Powell TestimonyThe EUR/USD pair bounced back slightly in the overnight session after it crashed to a low of 1.1285 on Monday.
続きを読む »