-
Plenty to worry about, but not stagflation, says Powell
Markets did not enjoy Wednesday's day at the Federal Reserve. But amid the relative doom and gloom about inflation was a fairly upbeat Jerome Powell who waved away stagflation concerns that have been emerging amid the oil shock and growth worries. "You know, when we use the term stagflation, I always have to point out that was a 1970s term," Powell mused. Back then, he added, "unemployment was in double figures, and inflation was really high, and the misery index was super high." It was a clear message: We may be having challenges, but they're not those challenges. In fact, US central bankers envision improved ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From invezz.com|Mar 19, 2026The Bank of England (BoE) held its benchmark interest rate steady on Thursday but signaled a more hawkish stance as rising energy prices linked to the Middle East conflict ...
From @financialjuice|Mar 19, 2026ECB's President Lagarde: The ECB is now more attentive to risks around the outlook. ECB'S LAGARDE: CORE AT 2.1% IN 2028, INCLUDING ETS2 AND BASE, SECOND-ROUND EFFECTS. ... ECB'S PRESIDENT LAGARDE: THE LABOUR MARKET IS SOLID BUT NOT AS HOT AS IN 2022. ECB'S LAGARDE: INFLATION EXPECTATIONS HAVE A LOT TO DO WITH MEMORIES OF HOUSEHOLDS AND CORPORATES || PEOPLE'S REACTION FUNCTION WILL BE INFORMED BY FRESH MEMORIES OF INFLATION || SCENARIOS DON'T FACTOR IN ANY MONEATRY POLICY MEASURES
From prnewswire.com|Mar 19, 2026|1 commentThe Conference Board Leading Economic Index® (LEI) for the US inched down by 0.1% in January 2026 to 97.5 (2016=100), following a 0.2% decline in December. Overall, the LEI fell ...
-
- Newer Stories
From @MarketNews_Feed|Mar 19, 2026|1 comment*US WILL NOT IMPLEMENT CRUDE EXPORT BAN: POLITICO ... NEW: The White House will not implement a crude export ban, and told oil executives as much at this morning’s meeting with API, per an admin official who participated in the meeting.
From @FirstSquawk|Mar 19, 2026|5 commentsTRUMP: NOT PUTTING TROOPS ANYWHERE TRUMP: THOUGHT IMPACT OF IRAN WOULD BE WORSE, WILL BE OVER WITH SOON
From financefeeds.com|Mar 19, 2026Bitcoin cryptocurrency recently reversed from the resistance area between the strong resistance level 73750.00 (top of wave a from the start of March), upper daily Bollinger Band ...
