Powell says not as much progress being made on inflation as 'hoped'
CNBC Television·2026-03-18 22:15

on the SEP. Can you help us make sense of why there is still a bias to cut from most officials this year despite the upward revision to headline in core inflation and the essentially unchanged forecast for growth in unemployment. Just curious kind of what what's the genesis behind the need what's the need for the cut.>> Yeah. So, you know, there are 19 people and so 19 reasons, 19 individual submissions, you know, but but and if you notice, um the median didn't change, but there was actually some movement t ...

Powell says not as much progress being made on inflation as 'hoped' - Reportify