Economic forecast in flux as Fed Chair, business leaders diverge on outlook

  • 📰 13WHAM
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

During a speech Thursday, Federal Reserve Chair Jerome Powell said that the Fed may need to continue raising interest rates to reach 2% inflation.

Federal Reserve Chairman Jerome Powell takes a break outside of Jackson Lake Lodge during the Jackson Hole Economic Symposium near Moran in Grand Teton National Park, Wyo., Friday, Aug. 25, 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 256. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to open higher after Fed chair signals more rate hikes possibleEuropean shares are set to open higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.
Source: NBCDFW - 🏆 288. / 63 Read more »

European stocks open higher after Fed chair signals more rate hikes possibleEuropean shares opened higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.
Source: NBCNewYork - 🏆 270. / 63 Read more »