4/27/2023 0 Comments Bbc news america![]() He was grilled today on whether he did so intentionally. jerome pyle was asked about that, his words, too early to say. ![]() that sweet spot between bringing down prices whilst avoiding a recession. interest rates is plunging the us economy into recession, isn't it? it economy into recession, isn't it? if you talk in wall street terms they often speak of a soft landing. the other fear of hiking interest rates is plunging the us. ![]() the other fear of hiking interest rates is plunging the - direction. the other fear of hiking interest rates is plunging - direction. the other fear of hiking interest rates is _ direction. the other fear of hiking interest rates _ direction. i don't think we're there yet but this is a step in that direction. will the us treasury for example come out and guarantee people's deposits because not all of this is aimed at restoring confidence. he was pressed on that particular point, it is something that's become a political talking point. You seeing, what do you know that we don't yet know? he went to great length to reassure people that the us banking system is sound, it is resilient. there were a lot of pointed request towards mr powell during his press conference to say, what are some sort of contagion? i think that is the question _ some sort of contagion? i think that is the question everyone _ some sort of contagion? i think that is the question everyone want - some sort of contagion? i think that is the question everyone want to - is the question everyone want to know. what now is the chance of some sort of contagion? i think. what now is the chance of some sort of contagion? i - priority. what now is the chance of some sort of contagion? _ priority. what now is the chance of some sort of _ priority. on the money had, they are trying to fight inflation by raising interest rates but on the other hand they are trying to restore financial stability. i think what it does is underscore the challenge facing america central bank. would there be a pause because back when fed chair powell was asked he did acknowledge they had considered policy, makers had considered pausing hiking rates but felt inflation was still a sufficient problem, a headwind for them that they wanted to proceed with the smaller than expected increase. This that he regards fighting inflation is the main concern now? i hear they had been some debate, exactly what the federal reserve would do given this turmoil we're seeing in the banking sector.
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