Powell Says Recent Inflation Numbers Haven’t ‘Really Changed the Overall Story’ Fed Chair Jerome Powell said Wednesday that the January and February consumer price index and the January personal consumption expenditures price index were “quite high, but there’s reason to think that, at least for the first month of the year, that “seasonal effects” were at play. “We don’t want to be completely dismissive of it,” Powell said. “I always try to be careful about dismissing data that we don’t like—so you need to check yourself on that.” « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve Balances Rate Decisions Now That Inflation Has Slowed READ MORE China's Weak Recovery Dampens Global Corporate Growth Prospects READ MORE A Special Invitation: Join Me at the Limitless Expo READ MORE The Italian Job Revisited: How Much Are Those Gold Bars Worth Today? READ MORE Summer Demand Boost and OPEC+ Cuts Drive Oil Prices Higher READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment