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Fed Chair Powell: Inflation's most of the way back to 2%
CNBC Televisionยท2025-07-30 19:19

Uh, thanks, Mr. . Chairman. Uh, Andrew Ekerman with the Washington Post.Um, what message do you take from the fact that inflation hit 2.1% last September and has bounced higher since. Um, why do you think financial conditions are restrictive and a neutral rates below 4% when inflation has stopped falling for almost a year. >> So, inflation when you when you talk about these 12-month inflation measures, you're you're always battling uh residual seasonality.So we'll have for example two months of high inflati ...