Day: July 27, 2022

Fed’s Powell Press Conference Ends

POWELL: WE’RE SEEING REAL DECLINES IN FOOD CONSUMPTION

U.S. HOUSE MAJORITY LEADER HOYER SAYS HOUSE WILL VOTE ON SENATE-PASSED CHIPS BILL ON THURSDAY

POWELL: GETTING DOWN TO NEW BALANCE SHEET EQUILIBRIUM COULD TAKE 2 – 2.5 YEARS

FED’S POWELL: NO ONE CAN BE SURE ON WHETHER WE CAN ACHIEVE A SOFT LANDING

POWELL: SLOWDOWN IN Q2 IS NOTABLE

POWELL: EMPLOYMENT COST INDEX ON FRIDAY WILL BE AN IMPORTANT INDICATOR

POWELL: WE STILL THINK BEST MEASURE ON INFLATION IS PCE

POWELL: AT SOME POINT WILL BE APPROPRIATE TO SLOW DOWN RATE HIKES

POWELL: LAST INFLATION REPORT WAS WORSE THAN EXPECTED