Powell: Long-term inflation expectations remain solid; no rush to address energy shocks for now

BlockBeatNews

2026-03-30 15:05:46

BlockBeats message, March 30, on Monday, Federal Reserve Chair Jerome Powell said that even though the current energy shock is still ongoing, long-term inflation expectations appear to remain steady, and the Federal Reserve does not yet need to decide how to respond to the latest situation. He said at Harvard University: “Inflation expectations beyond the short term still appear to be solid.” When discussing the energy shock related to the war with Iran, he said: “We do not yet know its specific impact on the economy, but given that inflation is long-term above the 2% target level, we will closely monitor how it affects price pressure.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments