Powell Warns of Ongoing Job Market Challenges Amid Inflation Tensions
TL;DR Summary
Federal Reserve Chair Powell indicates ongoing weakness in the job market and emphasizes that there is no risk-free path in economic policy, suggesting cautious approach to interest rate adjustments.
- Fed Chair Powell Sees More Job Market Weakness. ‘There Is No Risk-Free Path.’ Barron's
- With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates CNN
- Global Markets Move Lower as Investors Wait for Powell’s Speech The Wall Street Journal
- Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says AP News
- Watch Fed Chair Powell speak live on policy at the NABE conference in Philadelphia CNBC
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