首页 社会内容详情
新2查账(www.hg108.vip)_Powell says Fed 'strongly committed' to inflation fight, but not trying to trigger recession

新2查账(www.hg108.vip)_Powell says Fed 'strongly committed' to inflation fight, but not trying to trigger recession

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

新2查账www.hg108.vip)提供新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,皇冠新2网址,新2管理网址,新2网址大全,hg0088.com,hga038.com,同时开放新2信用平台查账功能.

,"It is essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all," Powell said at a hearing before the U.S. Senate Banking Committee, adding that the central bank in coming months will be looking for "compelling evidence" of slowing price pressures before it eases up on the interest rate increases it kicked off three months ago

The Federal Reserve is "strongly committed" to bringing down inflation that is running at a 40-year high and policymakers are acting "expeditiously to do so" but are not trying to cause a recession in the process, U.S. central bank chief Jerome Powell said on Wednesday.

"It is essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all," Powell said at a hearing before the U.S. Senate Banking Committee, adding that the central bank in coming months will be looking for "compelling evidence" of slowing price pressures before it eases up on the interest rate increases it kicked off three months ago.

While those rate increases have caused financial conditions to tighten "significantly," it is not the Fed's aim to tip the economy into a recession to bring inflation to heel, Powell told lawmakers.

"We are not trying to provoke, and I don't think we will need to provoke, a recession," Powell said in response to a question from a committee member.

Inflation continues to run well above the Fed's targeted level of 2%. A gauge of price increases that excludes volatile food and energy costs may have flattened out or eased somewhat last month, Powell testified, but Russia's Ukraine invasion and COVID-19 lockdowns in China are putting continued upward pressure on inflation.

One week ago, the Fed raised its benchmark overnight interest rate by three-quarters of a percentage point - its biggest hike since 1994 - to a range of 1.50% to 1.75%, and signaled rates would rise another 1.75 percentage points this year.

That steep rate hike path, designed to slow the economy, has sparked widespread concern about a recession and a weakening of labor markets.

To the Senate committee on Wednesday, Powell pledged an "overarching focus" on bringing down inflation and reiterated that ongoing increases in the Fed's policy rate would be appropriate, with the exact pace dependent on the economic outlook.

"Inflation has obviously surprised to the upside over the past year, and further surprises could be in store," he said, adding that policymakers would need to be "nimble" in response to the incoming data.

"The American economy is very strong and well positioned to handle tighter monetary policy," Powell said.

CHANGING ENVIRONMENT

Powell's remarks to the committee also showed just how much the inflation environment has changed in the three months since he delivered the first of his semi-annual reports to lawmakers.

  • usdt承兑商合作(www.usdt8.vip) @回复Ta

    2022-07-17 00:00:33 

    现在人们的条件变好了,以是一有时间就会天下各地的旅游,许多外国也都在生长旅游,人们对未知的事情总是充满了好奇,以是都憧憬着出锅嬉戏,再加上近几年海内旅游十分坑,以是许多人都选择外洋游,现在去东南亚国家旅游比在海内游廉价多了!其中最热门的旅游地就是泰国了!泰国的地理位置十分有优势,当地盛产种种热带水果。书荒的福利哦

发布评论