Open Demo Account
Home / Market Update / Forex Market / Powell: We continue to see upside risks to inflation

Powell: We continue to see upside risks to inflation

Mohamed Abdelhamid 15 June, 2022 10:45 pm Forex Market, Global Stock Market, Market Update

The Fed continues to see upside risks to inflation, Fed Chair Jerome Powell noted in the opening statement of his post-Fed meeting press conference.

“Supply chain constraints have been longer than anticipated and price pressures have broadened, with Covid-19 disruptions in China likely to make things worse ahead”, Powell added.

Tags

Check Also

Gold Set for Weekly Gain Amid Payroll Miss and Global Uncertainty

Gold prices climbed on Friday, heading for a weekly gain as investors reacted to weaker-than-expected …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends