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Page 2 - ஊட்டி ப்ரெஸிடெஂட் லோரெட்டா மேஸ்டேர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Powell says inflation from reopening larger than expected

REGISTER NOW Federal Reserve Chair Jerome Powell said the price increases seen in the economy recently are bigger than expected but reiterated that they will likely wane. “A pretty substantial part, or perhaps all of the overshoot in inflation comes from categories that are directly affected by the re-opening of the economy such as used cars and trucks,” Powell said Tuesday in response to a question before the House Select Subcommittee on the Coronavirus Crisis. But the Fed chair acknowledged the uncertainty around that view. Federal Reserve Chair Jerome Powell Bloomberg News “I will say that these effects have been larger than we expected and they may turn out to be more persistent than we expected.”

Gold Price Forecast: XAU/USD recaptures $1780 amid cautious market mood

Gold Price Forecast: XAU/USD recaptures $1780 amid cautious market mood
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

EMEA Morning Briefing: Fed Signal on Inflation Should Buoys Stocks

EMEA Morning Briefing: Fed Signal on Inflation Should Buoys Stocks
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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