Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation.

Fomc non si vincola ad alcun percorso sui tassi

U.S. Treasury yields declined on Tuesday after Fed Chair Jerome Powell emphasized the difficulty posed by balancing the state of employment and inflation.

Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation.

Jerome H. Powell, chair of the Federal Reserve, suggested he saw further scope to lower interest rates this year to protect the labor market despite rising inflation.

I rischi al ribasso per l’occupazione sono saliti e i recenti aumenti dei prezzi riflettono i dazi, ha detto il numero uno della Federal Reserve