‘The economic outlook is uncertain, and ongoing progress toward our 2% objective for inflation is not assured,’ says Federal Reserve Chair Jerome Powell. Powell delivered his semi-annual testimony to the House Financial Services Committee on March 6, 2024.
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Translate to vulcanelli – ~ – We go with the flow. Powell is taking Taoist approach, although some may argue zen fed more appropriate. Surf as you go along until the day after election day… cue Arcadia song… peace out.
❤VASTLY underrated comment!❤
7% before 4%
Definitely
Investment companies own 1 out of 7 homes in america.
MAKE THIS AN ILLEGAL PRACTICE! The american dream is being destroyed for profit!!!
2%??? LONG way to go bud!!!
2025 or 2026
Long way to go to get to 2%…trust me.
2025 or 2026 the very latest. We’ll get 2% soon, but will it stay there? That’s the question
any economist that says anything in the future is “assured” is not an economist. Powell is a real professional, not a congressional politician.
He’s an attorney by trade
What I will like to know is how will affect the NFP news coming 8th of March will USD be weak or strong??