Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts. In an interview with Bloomberg host and Carlyle co-founder and co-chairman David Rubenstein at an Economic Club of Washington event, Powell highlighted the three latest inflation readings, but said he wouldn't forecast any message about future rate reductions. This interview was recorded July 15 in Washington, DC.
--------
Like this video? Subscribe to The David Rubenstein Show on KZitem:
/ @davidrubenstein
Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here:
www.bloomberg....
Learn more about David:
www.davidrubens...
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
Негізгі бет The David Rubenstein Show: Jerome Powell
Пікірлер: 38