Free Trial

Chair Powell Asked On the Upgraded Growth Assessment

FED
  • Q: You upgraded growth assessment today, and the consumer is in pretty good shape - if that continues, is that a problem because it's inflationary, or good news because it suggests a soft landing?
    • A: That we've been able to achieve disinflation so far without any meaningful negative impact on the labor market, that's a good thing. But you're right - at the margins stronger growth could over time lead to higher inflation and would require an appropriate monetary response.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.