Powell Says US Economy in Strong Shape, Fed Can Avert Recession

596
Comment
3

Powell Says US Economy in Strong Shape, Fed Can Avert Recession

Bloomberg2022-06-29

Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

596

Report

Comment

Gcwj
·2022-06-30
Fed up
Reply
Like
Report
Toby_Chua
·2022-06-30
Credibility of his words ... remember transitory
Reply
Like
Report
Looyusooi
·2022-06-30
Ok
Reply
Like
Report
Jess261
·2022-06-30
Okay
Reply
Like
Report
Remotecam
·2022-06-30
Powell also said to take inflation fight "unconditional". Recession is better than to allow inflation to take hold.
Reply
2
Report
SSVC
·2022-06-30
K
Reply
2
Report
Ironman2002
·2022-06-30
Wonder the Fed is doing the right thing
Reply
Like
Report
Jawslea
·2022-06-30
Root cause is it supply of raw materials & products?
Reply
1
Report
MHh
·2022-06-30
More rate hikes to come. Don't think can escape a 0.75 for the next one too
Reply
6
Report
PearlynCSY
·2022-06-30
Fed ChairJerome Powell vowed Wednesday at an ECB forum that U.S. policymakers would not allow inflation to take hold of the economy over the longer term.“There’s a clock running here, where we have inflation running now for more than a year,” the central bank leader noted.Powell reiterated his tough talk on inflation in the U.S. that is currently running at its highest level in more than 40 years. Since the Fed started raising rates in March, market indicators of inflation expectations have fallen considerably. A measure of the outlook over the next five years that compares inflation-indexed government bonds to standard Treasurys fell from nearly 3.6% in late March to 2.73% this week.However, other surveys show that consumers expect prices to continue to climb. One such measure, from
Reply
24
Report
Targarean
·2022-06-30
The man has gotta portray confidence
Reply
Like
Report
Vincent1968
·2022-06-30
Good
Reply
2
Report
Tan79
·2022-06-30
Okay
Reply
Like
Report
KSG
·2022-06-30
He says a lot of things...
Reply
3
Report
JFK
·2022-06-30
Like
Reply
2
Report
andrew123
·2022-06-30
Like
Reply
2
Report
kokakun
·2022-06-30
Ok cook
Reply
2
Report
Newnew
·2022-06-30
Hi
Reply
1
Report
Khoo12
·2022-06-30
Yes
Reply
1
Report
Dbw
·2022-06-30
Like
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1100517405?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-29 22:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1100517405","market":"us","top_or_hot":-1,"title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","media":"Bloomberg","content":"<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","article_id":"1100517405","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","pubTimestamp":1656512437,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"translate_title":"鲍威尔称美国经济强劲，美联储可避免衰退","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9045301336,"gmtCreate":1656555570525,"gmtModify":1676535853388,"author":{"id":"4099126468711710","authorId":"4099126468711710","name":"Gcwj","avatar":"https://static.tigerbbs.com/01f02847a2734e30f9c0ed8ef62da392","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":1},"htmlText":"Fed up","listText":"Fed up","text":"Fed up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045301336","repostId":1100517405,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045977369,"gmtCreate":1656555246451,"gmtModify":1676535853281,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Credibility of his words ... remember transitory&nbsp;","listText":"Credibility of his words ... remember transitory&nbsp;","text":"Credibility of his words ... remember transitory","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045977369","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045985736,"gmtCreate":1656551566325,"gmtModify":1676535851920,"author":{"id":"4100437715079400","authorId":"4100437715079400","name":"Looyusooi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045985736","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045937826,"gmtCreate":1656550475165,"gmtModify":1676535851427,"author":{"id":"3586490638953193","authorId":"3586490638953193","name":"Jess261","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045937826","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045992714,"gmtCreate":1656549728938,"gmtModify":1676535851134,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/0668b3779e1a7691fc66252c07b458d0","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Powell also said to&nbsp;take inflation fight \"unconditional\".&nbsp;Recession is better &nbsp;than to allow inflation to take hold.","listText":"Powell also said to&nbsp;take inflation fight \"unconditional\".&nbsp;Recession is better &nbsp;than to allow inflation to take hold.","text":"Powell also said to take inflation fight \"unconditional\". Recession is better than to allow inflation to take hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045992714","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045077929,"gmtCreate":1656548616161,"gmtModify":1676535850493,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045077929","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045073762,"gmtCreate":1656548236256,"gmtModify":1676535850352,"author":{"id":"4094301913132990","authorId":"4094301913132990","name":"Ironman2002","avatar":"https://static.tigerbbs.com/784449fc945cf9d5c7b81316e20a221c","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Wonder the Fed&nbsp;is doing the right thing&nbsp;","listText":"Wonder the Fed&nbsp;is doing the right thing&nbsp;","text":"Wonder the Fed is doing the right thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045073762","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045046587,"gmtCreate":1656547888349,"gmtModify":1676535850167,"author":{"id":"3581673258710248","authorId":"3581673258710248","name":"Jawslea","avatar":"https://static.tigerbbs.com/8333191726f8892d8ed5ce88d0ca4b94","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Root cause is it supply of raw materials &amp; products?","listText":"Root cause is it supply of raw materials &amp; products?","text":"Root cause is it supply of raw materials & products?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045046587","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045041925,"gmtCreate":1656547791267,"gmtModify":1676535850016,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"More rate hikes to come. Don't think can escape a 0.75 for the next one too&nbsp;","listText":"More rate hikes to come. Don't think can escape a 0.75 for the next one too&nbsp;","text":"More rate hikes to come. Don't think can escape a 0.75 for the next one too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045041925","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045055306,"gmtCreate":1656547590805,"gmtModify":1676535849878,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Fed ChairJerome Powell vowed Wednesday at an ECB forum that U.S. policymakers would not allow inflation to take hold of the economy over the longer term.“There’s a clock running here, where we have inflation running now for more than a year,” the central bank leader noted.Powell reiterated his tough talk on inflation in the U.S. that is currently running at its highest level in more than 40 years.&nbsp;Since the Fed started raising rates in March, market indicators of inflation expectations have fallen considerably. A measure of the outlook over the next five years that compares inflation-indexed government bonds to standard Treasurys fell from nearly 3.6% in late March to 2.73% this week.However, other surveys show that consumers expect prices to continue to climb. One such measure, from","listText":"Fed ChairJerome Powell vowed Wednesday at an ECB forum that U.S. policymakers would not allow inflation to take hold of the economy over the longer term.“There’s a clock running here, where we have inflation running now for more than a year,” the central bank leader noted.Powell reiterated his tough talk on inflation in the U.S. that is currently running at its highest level in more than 40 years.&nbsp;Since the Fed started raising rates in March, market indicators of inflation expectations have fallen considerably. A measure of the outlook over the next five years that compares inflation-indexed government bonds to standard Treasurys fell from nearly 3.6% in late March to 2.73% this week.However, other surveys show that consumers expect prices to continue to climb. One such measure, from","text":"Fed ChairJerome Powell vowed Wednesday at an ECB forum that U.S. policymakers would not allow inflation to take hold of the economy over the longer term.“There’s a clock running here, where we have inflation running now for more than a year,” the central bank leader noted.Powell reiterated his tough talk on inflation in the U.S. that is currently running at its highest level in more than 40 years. Since the Fed started raising rates in March, market indicators of inflation expectations have fallen considerably. A measure of the outlook over the next five years that compares inflation-indexed government bonds to standard Treasurys fell from nearly 3.6% in late March to 2.73% this week.However, other surveys show that consumers expect prices to continue to climb. One such measure, from","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045055306","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045022618,"gmtCreate":1656547131934,"gmtModify":1676535849621,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1},"htmlText":"The man has gotta portray confidence&nbsp;","listText":"The man has gotta portray confidence&nbsp;","text":"The man has gotta portray confidence","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045022618","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045083518,"gmtCreate":1656546120234,"gmtModify":1676535848903,"author":{"id":"3586393315819735","authorId":"3586393315819735","name":"Vincent1968","avatar":"https://community-static.tradeup.com/news/7f106edb1e06baf3c68462c050422f46","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045083518","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045015724,"gmtCreate":1656545890668,"gmtModify":1676535848789,"author":{"id":"4107580573972620","authorId":"4107580573972620","name":"Tan79","avatar":"https://community-static.tradeup.com/news/9de2ed1a3d5748cbd9d7edf63941961a","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045015724","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045032859,"gmtCreate":1656545304171,"gmtModify":1676535848380,"author":{"id":"3572953815262958","authorId":"3572953815262958","name":"KSG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"He says a lot of things...","listText":"He says a lot of things...","text":"He says a lot of things...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045032859","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045094268,"gmtCreate":1656544845854,"gmtModify":1676535848234,"author":{"id":"3567221235003553","authorId":"3567221235003553","name":"JFK","avatar":"https://community-static.tradeup.com/news/a1bbdd2674af7d3373d9670005210691","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045094268","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045094032,"gmtCreate":1656544822226,"gmtModify":1676535848204,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f3e049e64de259e717c6e652c0aca653","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045094032","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9045006844,"gmtCreate":1656544155688,"gmtModify":1676535847956,"author":{"id":"3582522605829878","authorId":"3582522605829878","name":"kokakun","avatar":"https://static.tigerbbs.com/4965fa0964905a4eb394c77bc0d67781","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok cook","listText":"Ok cook","text":"Ok cook","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045006844","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042774707,"gmtCreate":1656543759309,"gmtModify":1676535847621,"author":{"id":"3583016139705080","authorId":"3583016139705080","name":"Newnew","avatar":"https://static.tigerbbs.com/c1f72fa81dd8aa4df22904e9ff7b7c9b","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Hi&nbsp;","listText":"Hi&nbsp;","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042774707","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042775053,"gmtCreate":1656543685772,"gmtModify":1676535847582,"author":{"id":"3564738902623228","authorId":"3564738902623228","name":"Khoo12","avatar":"https://static.tigerbbs.com/a1637796379aeed1538616117eb09330","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042775053","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042773711,"gmtCreate":1656543392733,"gmtModify":1676535847480,"author":{"id":"3574901428369611","authorId":"3574901428369611","name":"Dbw","avatar":"https://static.tigerbbs.com/b2b540981c00cc0005e6241f782bd3c5","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042773711","repostId":1100517405,"repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://www.laohu8.com/m/news/1100517405?lang=&edition=full","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","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 Says US Economy in Strong Shape, Fed Can Avert Recession</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 Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":596,"commentSize":0,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}