Powell more likely to warning that sturdy financial system may just result in extra charge hikes – Timiraos

Within the article, Timiraos says that “Powell is more likely to warning on Capitol Hill that sturdy financial job this yr may just lead U.S. central financial institution officers to lift rates of interest greater than they anticipated to struggle prime inflation”. But even so that, the remaining is only a few backdrop studying and you’ll be able to test it out right here (could also be gated).

As a reminder, we may well be getting the textual content to Powell’s testimony a little bit previous than his scheduled look. Stay an eye fixed out for one thing between 1200 GMT to 1400 GMT.