Episode Details
Back to EpisodesPowell: Fed Not Acting on Iran War's Energy Shocks
Published 1 week, 1 day ago
Description
Federal Reserve Chair Jerome Powell downplayed the impact of Iran war-induced energy supply shocks on monetary policy, citing their short-term nature. He warned that back-to-back shocks could alter inflation expectations, but for now, the Fed is monitoring the situation closely, with no immediate policy changes.
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