Powell: Factors contributing to inflation decline are happening but later than expected

Fed Powell on the slow decline in inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term:

• Factors contributing to inflation decline are happening but much later and all taking longer than we had hoped
• Service sector much less responsive to rate hikes and cost of capital
• We never use the word pause and wouldn't use that here today. We agreed to maintain that rate at that meeting
• A big majority believes in raising rates twice this year