Powell Says Forecasts Are Conditional on Incoming Data

(Updated - February 7, 2023 12:43 PM EST)

Powell Says Message Was Disinflationary Process Has Begun but Has Long Way to Go

• Labor Market Extraordinarily Strong
• Probably Need to Do Further Interest-Rate Increases
• Anticipate Ongoing Rate Increases Are Appropriate
• Forecasts Are Conditional on Incoming Data

You May Also Be Interested In

• Trump: Scott Bessent will not be going to be super intelligence (SI) czar
• Fed plans to raise bank oversight thresholds - Reuters
• Fed's Goolsbee says strong demand may be adding to US inflation