Fed's Powell: Don't see inflation forcing Fed to hit the brakes

Additional comments from Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, are crossing the wires as he continues to speak at The Economic Club of Washington.

  • Don't see anything that suggests near-term recession risk is elevated.
  • Don't see inflation forcing Fed to hit the brakes.
  • Principal worry I have is global growth.

EUR/USD Technical Analysis: Euro bears challenging the 1.1500 figure as Fed’s Powell is speaking

EUR/USD Daily chart EUR/USD is in a bear trend below the 200-period simple moving average (SMA).  EUR/USD is testing the 1.1500 figure as Fed’s Po
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