Name: Powell: Inflation Remains Too High
Uploaded: 2023-08-28T18:10:15.669
Duration: 5 min 45 s

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The market could be thinking now that the Fed has to move to a fall rate hike, notes Ben Emons. He discusses the significance of the Jackson Hole commentary. He touches on some key points from Powell’s speech. Powell noted that inflation remains too high and that we need a restrictive policy until inflation sustainably slowing. He also highlighted that we need some further progress on non-housing services inflation. Tune in to find out more about the stock market today.

Powell: Inflation Remains Too High

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.