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Powell: Monitoring if inflation rise temporary or persistent
*POWELL: MONITORING IF INFLATION RISE TEMPORARY OR PERSISTENT
— @sellvolbuytesla (@sellvolbuytesla) July 15, 2021
Added at 10:20am
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-We're confronting how to react to this inflation, which is larger than expected.
— ForexFlow (@forexflowlive) July 15, 2021
-If it's temporary, it won't make sense to react.
He's mentioned that rate hikes would normally be used on inflation but he's skating away from saying that now.$USD https://t.co/8eLbCdN7bD
Added at 10:20am
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FED'S POWELL: FOR A LONG TIME, POLICY WILL REMAIN ACCOMMODATING.
— Breaking Market News️ (@financialjuice) July 15, 2021
Added at 10:26am
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*POWELL: INFLATION EXPECTATIONS RISEN BUT NOT TO TROUBLING LEVEL
— @sellvolbuytesla (@sellvolbuytesla) July 15, 2021