Free Trial

Chair Powell On Fed vs. Household View Of The Economy

FED

Q: Does the general feel of US households square with the FOMC's view of the economy?

  • A: People don't like inflation - a lot. Many are experiencing it for the first time. It's showing up in surveys. We're determined to get it back down. It's an incredibly unpopular and painful thing. Need to make sure the public has the confidence the Fed has the tools to get inflation down. Will take some time but we will do that.

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.