Fed's Powell: Don't see inflation forcing Fed to hit the brakes

Eren Sengezer FXStreet

Additional comments from Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, are crossing the wires as he continues to speak at The Economic Club of Washington.

Don't see anything that suggests near-term recession risk is elevated.
Don't see inflation forcing Fed to hit the brakes.
Principal worry I have is global growth.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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