Fed Says It Will Stick To Its Plan, As Bond Yield Rises

Published Friday, March 5, 2021 at: 8:49 PM EST

Federal Reserve chairman Jerome Powell says he won’t get fooled again.  While the Fed in the past has acted preemptively in anticipation of higher inflation, Mr. Powell says he won’t make that same mistake again. 

Speaking to The Wall Street Journal, Mr. Powell reiterated the economy is still “a long way from our goals of maximum employment and inflation averaging 2% over time.”    

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.








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