Federal Reserve Chairman Jerome Powell seemingly shrugged off hotter-then-expected inflation data, saying the data points "haven't really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road towards 2%."
In the video above, Yahoo Finance Federal Reserve Reporter Jennifer Schonberger recaps some of the top takeaways from Powell's press conference.
#youtube #inflation #stockmarket
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In the video above, Yahoo Finance Federal Reserve Reporter Jennifer Schonberger recaps some of the top takeaways from Powell's press conference.
#youtube #inflation #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
