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Powell: Headline inflation is the FOMC's ultimate goal
Added at 3:11pm
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Fed's Powell:
— DailyFX Team Live (@DailyFXTeam) June 15, 2022
- We cannot affect energy prices
- The SEP reflects the 75 bps hike
Added at 3:12pm
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FED'S POWELL: THE WORST MISTAKE WE COULD MAKE IS TO FAIL ON GETTING INFLATION DOWN #News #Forex #POWELL #INFLATION
— Capital Hungry (@Capital_Hungry) June 15, 2022
Added at 3:12pm
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Fed's Powell:
— DailyFX Team Live (@DailyFXTeam) June 15, 2022
- We are not seeing a wage price spiral
- We think the public believes we will get back down to 2% inflation
Added at 3:18pm
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FED'S POWELL: 1 THINK WE CAN GET A SOFTISH LANDING, BUT EVENTS HAVE RAISED THE DEGREE OF DIFFICULTY.
— Breaking Market News (@financialjuice) June 15, 2022