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Fed's Powell Says Labor Market Still Strong; Disinflation Trend Shows Signs Of Resuming; Made Quite A Bit Of Progress On Inflation; Getting Back On Disinflationary Path; Need To Be More Confident Before Reducing Policy Rates; Need To See More Data...

Benzinga ·  Jul 2 21:38

Fed's Powell Says Labor Market Still Strong; Disinflation Trend Shows Signs Of Resuming; Made Quite A Bit Of Progress On Inflation; Getting Back On Disinflationary Path; Need To Be More Confident Before Reducing Policy Rates; Need To See More Data Like We've Been Seeing Recently; Data Represents Significant Progress

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