POLITICO

@politico ↗

Deleted No

Hibernated No

Last Checked March 16, 2023

Created

Tue Mar 07 21:21:11 +0000 2023

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

POLITICO @politico

Powell's exchange with Sen. Warren (👇) highlights key points both officials have been making. Warren views inflation as largely caused by problems like supply chain issues and corporate greed. Powell argues the Fed has a key role in bringing down price spikes, even at a cost. https://t.co/NEMTHXWnBM — PolitiTweet.org

Posted March 7, 2023

Preceded By

POLITICO @politico

Powell denied that he wanted unemployment to rise but acknowledged that the Fed does want to see the labor market weaken. Those seem contradictory, but the thinking is that fewer open jobs will help cool wage gains (which feed inflation) without causing a rise in joblessness. https://t.co/PIFBDllHXs — PolitiTweet.org

Posted March 7, 2023

Followed By

POLITICO @politico

While Powell suggested he’s still holding out hope that joblessness won’t have to rise significantly, he made it clear that fighting inflation is his first priority — and today's unemployment rate may not be sustainable. More from his testimony👇https://t.co/U4U5eMNfuf — PolitiTweet.org

Posted March 7, 2023