JANUARY US JOB OPENINGS DIP, BUT STILL HIGH AT 10.8 MILLION - 25 or 50 bps will depend on coming data: Powell
Business Standard|March 09, 2023
Repeats message that Fed is likely to take rates higher than anticipated
JANUARY US JOB OPENINGS DIP, BUT STILL HIGH AT 10.8 MILLION - 25 or 50 bps will depend on coming data: Powell

Federal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interestrate increase later this month and said it would hinge on incoming data on jobs and inflation.

"We have not made any decision about the March meeting," Powell told the House Financial Services committee on Wednesday during his second day of testimony before Congress.

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