Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[Powell: No Signs Indicating Increased Likelihood of Recession] Federal Reserve Chair Jerome Powell Stated During A News Conference On Wednesday That Inflation Now Stands Much Closer To The Fed's Target, With Upward Risks To Inflation Diminishing While Downward Risks To The Labor Market Have Increased. The Economy Is Growing At A Solid Pace, Inflation Is Declining, And The Labor Market Remains Very Strong. The Growth Rate For The Second Half Of This Year Is Expected To Be Similar To That Of The First Half, And There Are No Signs Of A Recession Or A Downturn. This 50 Basis Point Cut Does Not Imply That Such Easing Will Be Maintained Moving Forward. There Is No Predetermined Rate Path, And Decisions Will Be Made Meeting By Meeting.
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data