Powell speech: Isolated banking problems can threaten banking system if left unaddressed

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Powell speech: Isolated banking problems can threaten banking system if left unaddressed
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Powell speech: Isolated banking problems can threaten banking system if left unaddressed – by eren_fxstreet Fed CentralBanks

comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 4.75-5% following the March policy meeting."That's why we took decisive action.""Also shows ample"We will continue to closely monitor, prepared to use all tools to keep banking system safe and sound.""Labor market still too tight.""Economy doesn't work for anyone without low inflation.

"Policymakers generally expect subdued growth to continue and almost all on FOMC sees risks on growth as weighted to the downside.""We expect that to come into better balance over time."Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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