Planning Briefs
At A Unique Moment In Financial History, Five Takeaways From Fed Chair's Press Conference
Published Thursday, February 2, 2023 at: 8:24 AM EST
The world is at an historic financial economic crossroads. The United States, the world’s most influential economic power, is recovering from the pandemic and complications added, as a consequence of Russia’s invasion of Ukraine.
With all that happening, as is customarily done every two months, the Chair of the Federal Reserve Bank, Jerome Powell, conducted a 45-minute press conference at 2:30 p.m. ET, Wednesday, fielding more than two dozen questions from the free world’s best economic journalists. Here’s a summary of what the Federal Reserve chairman said today affecting investment decisions.
©2023 Advisor Products Inc. All Rights Reserved.
More articles
- Developing Portfolio Return Expectations
- Why Investors Like Our Financial Commentary
- What To Do Now To Build Wealth
- The New Rules On Retirement Affect Americans Of Any Age And Income
- Sweeping New Law Changes Retirement Planning In 2023
- You Can’t Trust The Phone Number On The Back Of Your Credit Card Anymore
- American Exceptionalism Is A Legitimate Financial Philosophy
- Investor Note: Post Pandemic Inflation Crisis Highlights U.S. Exceptionalism
- Federal Reserve Likely To Dial Back Rate Hikes But They’re Far From Over
- Test Your Personal Financial Knowledge In 30 Seconds
- The Inspirational Story Of Hetty Green, The Warren Buffett Of The Early 1900s
- Keep Your Eyes On The Bad Economic News
- Let’s Talk About Stock Market Volatility
- Bracing For Recession Amid A Bear Market
- The Inflation Imperative Makes A Recession Likely, But It’s A Sign Of Progress