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    Powell: Getting Inflation Back Down Has A Long Way To Go

    Powell: Getting Inflation Back Down Has A Long Way To Go

    FromSchwab Network

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    Powell: Getting Inflation Back Down Has A Long Way To Go

    FromSchwab Network

    ratings:
    Length:
    10 minutes
    Released:
    May 4, 2023
    Format:
    Podcast episode

    Description

    Futures are lower the day after the latest Fed rate hike. Liz Ann Sonders discusses major takeaways from Powell's speech. Powell noted that our future policy actions will depend on how events unfold and conditions in the banking sector have improved. He also mentions that the process of getting inflation back down to 2% has a long way to go, but the Fed is committed to it. Liz Ann also talks about how ECB raised rates 25BPS. She then looks at the Productivity and Costs for 1Q23 report, which was released today, May 4th. Tune in to find out more about the stock market today.
    Released:
    May 4, 2023
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.