Jerome Powell fumbled his first press conference of the year.
Tag: US Federal Reserve
NYT's Smialek: 'Too Hot' Labor Market 'a Recipe for Higher Inflation' and 'Bad News' for Fed
On Friday’s broadcast of CNN’s “At This Hour,” New York Times Federal Reserve and Economy Reporter Jeanna Smialek stated that while the September jobs report is “a baby step in the right direction.” Things are “still too hot” for the Federal Reserve’s liking