Powell: More Rate Hikes May Be Needed to Curb Inflation - The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inf... - https://news.bitcoin.com/powell-more-rate-hikes-may-be-needed-to-curb-inflation/ #restrictivemonetarypolicy #jacksonholesymposium #powellinflationhikes #monetarytightening #below-trendgrowth #economicpressures #headlineinflation #aggregatedemand #aggregatesupply #federalreserve #pricestability #servicesprices #coreinflation #housingsector
#housingsector #coreinflation #servicesprices #pricestability #federalreserve #aggregatesupply #aggregatedemand #headlineinflation #economicpressures #below #monetarytightening #powellinflationhikes #jacksonholesymposium #restrictivemonetarypolicy
The #consumerpriceindex for June will be released tomorrow at 8:30 AM EDT. I expect the headline number to show that #inflation slowed last month mostly due to softening #usedcar prices. So-called #coreinflation which strips out #food and #energy may be stickier. I’m expecting a #stockmarket bounce on the news, so I positioned accordingly. #Earnings season kicks off on #friday with #money center #banks reporting. Interesting and exciting week ahead!
#consumerpriceindex #inflation #usedcar #coreinflation #food #energy #stockmarket #earnings #friday #money #banks