🚀 Senator Kennedy Discusses Economic Landing With Powell
#SenatorKennedy #JeromePowell #Economy #SoftLanding #HardLanding #FederalReserve #EconomicDiscussion
According to BlockBeats, on February 11, Senator Kennedy engaged in a conversation with Federal Reserve Chair Jerome Powell regarding the state of the U.S. economy. During the discussion, Kennedy asked Powell if the country had achieved a 'soft landing,' to which Powell responded that it was not his place to comment. When Kennedy inquired about the possibility of a 'hard landing,' Powell assured him that it had not occurred. Kennedy concluded by suggesting that Powell and his colleagues deserve recognition for what he termed a 'soft landing.'#SenatorKennedy #JeromePowell #Economy #SoftLanding #HardLanding #FederalReserve #EconomicDiscussion
🚀 Upcoming Economic Events and Data Releases Next Week
#EconomicEvents #DataReleases #FederalReserve #CPI #PPI #JoblessClaims #Inflation #SinoUSEconomics #FinancialMarket #EconomicDiscussion
According to BlockBeats, several significant economic events and data releases are scheduled for next week.
On Monday, speeches will be delivered by Federal Reserve Governor Kugler and others. Additionally, Chinese Vice Premier He Lifeng, who is leading the Chinese side in Sino-U.S. economic and trade discussions, will meet with U.S. Treasury Secretary Besent during his visit to Switzerland from May 9 to 12.
Tuesday will see the release of the U.S. Consumer Price Index (CPI) data for April.
Thursday's agenda includes the weekly initial jobless claims figures and the U.S. Producer Price Index (PPI) data for April. Furthermore, Daly, the 2027 FOMC voting member and President of the Federal Reserve Bank of San Francisco, will participate in a fireside chat. Federal Reserve Chair Powell will deliver opening remarks at an event, and the Federal Reserve will host the second Thomas Laubach Research Conference.
On Friday, the preliminary value for the U.S. one-year inflation rate expectation for May will be announced.
Saturday will feature speeches by Federal Reserve officials Barkin and Daly.#EconomicEvents #DataReleases #FederalReserve #CPI #PPI #JoblessClaims #Inflation #SinoUSEconomics #FinancialMarket #EconomicDiscussion