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Powell: Waiting to see what shows up in measured inflation

It’s been slow going from the Fed chair thus far:

  • Markets have been digesting an unusually challenging set of circumstances
  • Enormous benefits of having the dollar as the reserve currency
  • Asked about recent USD weakness, says markets have been digesting an unusually challenging set of circumstances
  • He is open to possibility that tariff translation to inflation could be more or less than anticipated
  • The bond market is functioning well
  • Waiting to see what shows up in measured inflation

This article was written by Adam Button at www.forexlive.com.

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