Powell downplays ‘stagflation’ concerns
Last week’s GDP report that showed slowing overall growth but solid price increases raised some concern about the U.S. entering a period of “stagflation,” but Fed Chair Jerome Powell downplayed that idea on Wednesday.
“I don’t really understand where that’s coming from,” Powell said.
The central bank chief pointed out that, by some measures, economic growth is at 3% and inflation is below 3%.
“I don’t see the ‘stag’ or the ‘-flation’,” Powell added.
- Forums
- ASX - By Stock
- $2 PARTY
Powell downplays ‘stagflation’ concernsLast week’s GDP report...
- There are more pages in this discussion • 2,945 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.45 |
Change
0.135(10.3%) |
Mkt cap ! $1.633B |
Open | High | Low | Value | Volume |
$1.33 | $1.46 | $1.30 | $29.57M | 21.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11630 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 92904 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12560 | 1.440 |
3 | 23060 | 1.435 |
7 | 31753 | 1.430 |
1 | 12060 | 1.425 |
2 | 26140 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.455 | 10058 | 1 |
1.460 | 88183 | 10 |
1.465 | 40938 | 4 |
1.470 | 63925 | 8 |
1.475 | 39994 | 4 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.45 |
  |
Change
0.135 ( 9.52 %) |
|||
Open | High | Low | Volume | ||
$1.32 | $1.46 | $1.30 | 6943845 | ||
Last updated 15.59pm 14/06/2024 ? |
Featured News
ZIP (ASX) Chart |