Jerome Powell, Chairman of the Federal Reserve (Fed), speaks about economic outlook and policy before the Economic Club of New York.
Featured Statements
“The Fed could possibly have done less during the pandemic.”
“Our economy is doing very well.”
“Bond Yield Analysis Needs Humility.”
“Bond yields do not show higher expected inflation, monetary policy view.”
“Bond yields rise driven by term premiums.”
“Markets are seeing economic resistance and revising sentiments.”
“Markets may be responding to deficits, Fed’s balance sheet actions.”
“The rise in bond yields does not appear to be driven by expectations that the Fed will do more with rates.”
“It is not clear whether the rise in bond yields will be persistent, markets are volatile.”
“We’ll let market performance rise, the Fed will keep an eye on it.”
“We know that the fiscal path is unsustainable.”
“The current fiscal situation does not affect the Fed’s policy decisions in the short term.”
“Treasury overseas purchases have remained strong.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
