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07-09
Is it for grand-pa Joe??
Powell Keeps Options Open on Rate-Cut Timing
PrintMoney
05-21
$Bloom Energy Corp(BE)$
keep the buying going
PrintMoney
05-21
$SolarEdge(SEDG)$
why the sell-off [Spurting]
PrintMoney
05-17
Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?
PrintMoney
05-14
â
$SolarEdge(SEDG)$
âwill the US gov allow the markets to break?
PrintMoney
05-13
$SolarEdge(SEDG)$
how to reduce inflation but not affect the stock market
PrintMoney
04-19
$SolarEdge(SEDG)$
why is America Inflation soo sticky?
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it for grand-pa Joe??","listText":"Is it for grand-pa Joe??","text":"Is it for grand-pa Joe??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325689438765096","repostId":"1152203820","repostType":4,"repost":{"id":"1152203820","weMediaInfo":{"introduction":"Dow Jones publishes the worldâs most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1720535005,"share":"https://ttm.financial/m/news/1152203820?lang=&edition=fundamental","pubTime":"2024-07-09 22:23","market":"us","language":"en","title":"Powell Keeps Options Open on Rate-Cut Timing","url":"https://stock-news.laohu8.com/highlight/detail?id=1152203820","media":"Dow Jones","summary":"Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth.Setting the stage for a two-day appearance on Capito","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.</p><p style=\"text-align: start;\">âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. </p><p>Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.</p><p>Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.</p><p>Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.</p><p style=\"text-align: start;\">Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.</p><p style=\"text-align: start;\">The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.</p><p style=\"text-align: start;\">The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.</p><p style=\"text-align: start;\">Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.</p><p style=\"text-align: start;\">More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.</p><p style=\"text-align: start;\">The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Keeps Options Open on Rate-Cut Timing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Keeps Options Open on Rate-Cut Timing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-09 22:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.</p><p style=\"text-align: start;\">âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. </p><p>Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.</p><p>Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.</p><p>Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.</p><p style=\"text-align: start;\">Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.</p><p style=\"text-align: start;\">The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.</p><p style=\"text-align: start;\">The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.</p><p style=\"text-align: start;\">Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.</p><p style=\"text-align: start;\">More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.</p><p style=\"text-align: start;\">The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"éçźćŻ",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152203820","content_text":"Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":308345874280608,"gmtCreate":1716301596583,"gmtModify":1716301600258,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$ </a> keep the buying going ","listText":"<a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$ </a> keep the buying going ","text":"$Bloom Energy Corp(BE)$ keep the buying going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/308345874280608","isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":308342359556208,"gmtCreate":1716300821867,"gmtModify":1716300824981,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why the sell-off [Spurting] ","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why the sell-off [Spurting] ","text":"$SolarEdge(SEDG)$ why the sell-off [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/308342359556208","isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306597486153776,"gmtCreate":1715888063204,"gmtModify":1715888528192,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","listText":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","text":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306597486153776","isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305509888168080,"gmtCreate":1715621873082,"gmtModify":1715623842428,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"â<a href=\"https://laohu8.com/S/SEDG\">$SolarEdge(SEDG)$ </a>âwill the US gov allow the markets to break?","listText":"â<a href=\"https://laohu8.com/S/SEDG\">$SolarEdge(SEDG)$ </a>âwill the US gov allow the markets to break?","text":"â$SolarEdge(SEDG)$ âwill the US gov allow the markets to break?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305509888168080","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305585659117616,"gmtCreate":1715610570404,"gmtModify":1715613102261,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> how to reduce inflation but not affect the stock market ","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> how to reduce inflation but not affect the stock market ","text":"$SolarEdge(SEDG)$ how to reduce inflation but not affect the stock market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305585659117616","isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":296764780466472,"gmtCreate":1713489944237,"gmtModify":1713492356619,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585305968020241","idStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why is America Inflation soo sticky?","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why is America Inflation soo sticky?","text":"$SolarEdge(SEDG)$ why is America Inflation soo sticky?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/296764780466472","isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":305509888168080,"gmtCreate":1715621873082,"gmtModify":1715623842428,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"â<a href=\"https://laohu8.com/S/SEDG\">$SolarEdge(SEDG)$ </a>âwill the US gov allow the markets to break?","listText":"â<a href=\"https://laohu8.com/S/SEDG\">$SolarEdge(SEDG)$ </a>âwill the US gov allow the markets to break?","text":"â$SolarEdge(SEDG)$ âwill the US gov allow the markets to break?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305509888168080","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":308342359556208,"gmtCreate":1716300821867,"gmtModify":1716300824981,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why the sell-off [Spurting] ","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why the sell-off [Spurting] ","text":"$SolarEdge(SEDG)$ why the sell-off [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/308342359556208","isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325689438765096,"gmtCreate":1720538236359,"gmtModify":1720538240786,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"Is it for grand-pa Joe??","listText":"Is it for grand-pa Joe??","text":"Is it for grand-pa Joe??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325689438765096","repostId":"1152203820","repostType":4,"repost":{"id":"1152203820","weMediaInfo":{"introduction":"Dow Jones publishes the worldâs most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1720535005,"share":"https://ttm.financial/m/news/1152203820?lang=&edition=fundamental","pubTime":"2024-07-09 22:23","market":"us","language":"en","title":"Powell Keeps Options Open on Rate-Cut Timing","url":"https://stock-news.laohu8.com/highlight/detail?id=1152203820","media":"Dow Jones","summary":"Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth.Setting the stage for a two-day appearance on Capito","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.</p><p style=\"text-align: start;\">âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. </p><p>Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.</p><p>Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.</p><p>Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.</p><p style=\"text-align: start;\">Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.</p><p style=\"text-align: start;\">The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.</p><p style=\"text-align: start;\">The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.</p><p style=\"text-align: start;\">Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.</p><p style=\"text-align: start;\">More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.</p><p style=\"text-align: start;\">The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Keeps Options Open on Rate-Cut Timing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Keeps Options Open on Rate-Cut Timing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-09 22:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.</p><p style=\"text-align: start;\">âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. </p><p>Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.</p><p>Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.</p><p>Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.</p><p style=\"text-align: start;\">Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.</p><p style=\"text-align: start;\">The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.</p><p style=\"text-align: start;\">The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.</p><p style=\"text-align: start;\">Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.</p><p style=\"text-align: start;\">More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.</p><p style=\"text-align: start;\">The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"éçźćŻ",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152203820","content_text":"Federal Reserve Chair Jerome Powell suggested the central bank was focusing greater attention on when to cut interest rates now that inflation has resumed a decline and the labor market is showing signs of cooling off.âElevated inflation is not the only risk we face,â Powell said in remarks prepared for delivery Tuesday morning before the Senate Banking Committee. Powell said the economy had made âconsiderable progressâ toward lower inflation with a job market that looks as it did before the pandemicââstrong, but not overheated.â But he did little to shape expectations around when the central bank might start to lower interest rates. âWe continue to make decisions meeting by meeting,â he said.Economic projections released last month showed most Fed officials expect to cut interest rates once or twice this year if inflation slows and growth is solid but unspectacular. Their next meeting is July 30-31. Markets are focused on whether officials at that meeting might provide stronger hints that they could cut rates at their subsequent gathering in September.Fed officials are trying to balance two risks. One is that they move too slowly to ease policy and the economy crumples under the weight of higher interest rates, sending unemployment up sharply. The other is that lower rates ignite economic activity and allow inflation to settle out above their goal.Inflation fell to 2.6% in May, according to the Fedâs preferred gauge, down from 4% one year earlier but still above the Fedâs 2% target.The economy has continued to add more than 200,000 jobs a month, on average, this year. But the unemployment rate has inched upâto 4.1% in June from 3.7% in Decemberâas an increase in the number of people looking for work has led to somewhat longer spells of joblessness.The Fed raised rates at the fastest pace in 40 years in 2022 and 2023 to combat inflation that also rose to a four-decade high. Officials have held their benchmark rate in a range between 5.25% and 5.5% since last July.Officials were surprised in the second half of last year by how rapidly price growth slowed despite strong spending and hiring, leading them to shift their attention away from how high to raise rates and toward how long to wait before cutting them. When Powell last appeared before lawmakers in early March, he hinted that the Fed would be able to cut rates by June. Inflation turned around after that, derailing any such plan.More recent inflation readings âhave shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,â Powell said Tuesday.The inflation whiplash has left the Fed in an awkward holding pattern, where policymakers are looking for either several more months of convincingly benign inflation readings or evidence of a meaningful slowdown in hiring and economic activity before lowering rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":308345874280608,"gmtCreate":1716301596583,"gmtModify":1716301600258,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$ </a> keep the buying going ","listText":"<a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$ </a> keep the buying going ","text":"$Bloom Energy Corp(BE)$ keep the buying going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/308345874280608","isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306597486153776,"gmtCreate":1715888063204,"gmtModify":1715888528192,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","listText":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","text":"Bidan Economics! How is Bidan planning to bolster its economy? Is he writing a policy where Lockheed Martin will be tasked to crumble his own country and the world đ economy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306597486153776","isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305585659117616,"gmtCreate":1715610570404,"gmtModify":1715613102261,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> how to reduce inflation but not affect the stock market ","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> how to reduce inflation but not affect the stock market ","text":"$SolarEdge(SEDG)$ how to reduce inflation but not affect the stock market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305585659117616","isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":296764780466472,"gmtCreate":1713489944237,"gmtModify":1713492356619,"author":{"id":"3585305968020241","authorId":"3585305968020241","name":"PrintMoney","avatar":"https://community-static.tradeup.com/news/5c67986554d221b73bf87573cf6b7055","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585305968020241","authorIdStr":"3585305968020241"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why is America Inflation soo sticky?","listText":"<a href=\"https://ttm.financial/S/SEDG\">$SolarEdge(SEDG)$ </a> why is America Inflation soo sticky?","text":"$SolarEdge(SEDG)$ why is America Inflation soo sticky?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/296764780466472","isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}