Powell: Inflation Still High but Moving in the Right Direction

Quick Summary:

Federal Reserve Chairman Jerome Powell stated that inflation remains high but is trending in the right direction, speaking at a press conference following the FOMC meeting.

Powell emphasized that the U.S.economy remains strong, with labor market overheating easing while still maintaining stability.

Powell noted that inflation remains high but is moving in the right direction, aligning with the Fed’s targets.

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Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Crypto News Powell inflation high but improving Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 12:34:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 25630691

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