Powell: Unable to Immediately Determine Whether Inflation or Unemployment is More Critical
When asked which task needs to be addressed first—higher inflation or unemployment rate—Powell stated that both risks have increased. It is still unclear which one will be a greater concern. He said, "It's too early to draw conclusions now."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Windward Bio (WWB.US) plans to list in the US and aims to raise up to 100 million dollars, with multiple drugs licensed to Chinese pharmaceutical companies.
Windward Bio Group filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to 100 million dollars.
A Contrarian Amid the Selloff in French Bonds: 370 billion AUD Pension Fund Increases Holdings, Betting That Fiscal Risks Are Overestimated
Australia's second largest pension fund is buying French government bonds. The institution believes that the market has overreacted in pricing France's fiscal predicament and the European Central Bank's interest rate hike outlook.
Bravida Names Caroline Starck Head of Communications for Sweden
Tether is Developing AI-Powered Bitcoin Mining Management Technology! Here are the Details
Crypto prices
More
