Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...

Benzinga · Dec 5 03:14

Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used As A Speculative Asset; It Is A Competitor With Gold Not The U.S. Dollar; Low And Moderate Income Families In The U.S. Are Under Pressure Even Though Aggregate Numbers Are Strong

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...

Risk Disclaimer