News about inflation, Jerome Powell, and Fed

From the Bloomberg article, “Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data:” Fed Chair “Powell has kept the committee united in its rate path, with no dissents in nearly two years, but there are some signs of strains. Until recently, Powell had sounded dovish… pic.twitter.com/1wbDAzrrtx

From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

Would Fed chair Jay Powell leave his term early? Here's what he said in 2019 when the threat of forced removal was in the air: “It doesn’t occur to me in the slightest there would be any situation in which I would not complete my term other than dying.” www.wsj.com/economy/central-banking/a-brief-history-of-the-feds-uneasy-peace-with-the-white-house-608dee30?mod=hp_lead_pos3

🌎 #Weekahead | Powell Is Poised to Keep #Fed on Higher-for-Longer Path - Bloomberg ➡ Rate decision will be followed by likely robust jobs report ➡ Euro-zone inflation and GDP, China PMIs, OECD forecasts due www.bloomberg.com/news/articles/2024-04-27/fed-rate-cuts-latest-powell-is-poised-to-stick-with-higher-for-longer-path?srnd=economics-v2&sref=ZVajCYcV pic.twitter.com/GF92tYxCgU