Day: May 3, 2023

Powell Says No One Should Assume Fed Can Protect Economy

Powell Says FOMC’s Inflation Outlook Doesn’t Support Rate Cuts

Powell Says If Inflation Stays High, We Won’t Cut Rates

POWELL: CASE OF AVOIDING RECESSION IS MORE LIKELY THAN HAVING A RECESSION

Powell Says We’ll Always Have 2% Inflation as Our Target

Powell Says Possible That We Can Avoid Recession

Powell Says Possible We’ll Have What Would Be a Mild Recession

Powell Says Not Far Off, Possibly at Sufficiently Restrictive Level

POWELL: POSSIBLY AT SUFFICIENTLY RESTRICTIVE LEVEL, MAY NOT BE FAR OFF

Powell Says Need a Few Months of Data Showing Fed Moves Correct