U.S. stocks wavered on Wednesday, following two job prints that showed the labor market remains tight amid sticky inflation. Wall Street also heard from Federal Reserve Chair Jerome Powell before the House Financial Services Committee Wednesday morning. Powell continued to stress that “no decision” has been made on the size […]
Powell
Federal Reserve Chairman Jerome Powell on Tuesday emphasised the need for the central lender to be totally free of political affect although it tackles persistently superior inflation. In a speech sent to Sweden’s Riksbank, Powell observed that stabilizing prices needs making hard conclusions that can be unpopular politically. “Value security […]