简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:By Michael S. Derby (Reuters) – Federal Reserve Chairman Jerome Powell said Tuesday very strong jobs data released last week simply affirms that the central bank has some way to go on raising rates.
Powell: Jobs report was stronger than expected but shows why this will be a long process
By Michael S. Derby
(Reuters) – Federal Reserve Chairman Jerome Powell said Tuesday very strong jobs data released last week simply affirms that the central bank has some way to go on raising rates.
When it comes to Friday‘s release of the January jobs data, “we didn’t expect it to be this strong,” Powell said.
While declining to say whether knowing about the vigor of the data would have affected last weeks 25 basis point rate rise, Powell said the data “shows you why this will be a process that takes a significant period of time,” when it comes to tightening monetary policy.
(Reporting by Michael S. Derby; Editing by Chizu Nomiyama)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.