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Powell: Significant Weakening In Labor Market Would Be Reason To Begin Rate Cuts
Fed’s Powell: Significant Weakening In Labour Market Would Be Reason To Begin Rate Cuts$DXY $USDJPY #FOMC
— LiveSquawk (@LiveSquawk) March 20, 2024
Added at 2:50pm
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Powell: My Instinct is Rates Won’t Go Back Down to Very Low Levels We Saw Before
— DB News TradFi (@DBNewswire) March 20, 2024
Added at 2:55pm
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Powell: Ultimately, We Do Think Financial Conditions Are Weighing on Economic Activity
— DB News TradFi (@DBNewswire) March 20, 2024
Added at 2:57pm
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Powell's basic takeaway on Q1 inflation:
— Nick Timiraos (@NickTimiraos) March 20, 2024
"We don't really know if this is a bump on the road or something more. We'll to have to find out."
"Here are some bumps. Are they more than bumps?"
Added at 3:04pm
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Powell: Labor Market Is in Good Shape
— DB News TradFi (@DBNewswire) March 20, 2024
Powell: Intial Claims Are Very Very Low
Powell: 'I Don't See Those Cracks Today' In Labor Market