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Fed's Powell does not believe U.S. economy is in recession right now

Thursday, July 28, 2022
Fed's Powell does not believe U.S. economy is in recession right now © Reuters. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022. REUTERS/Elizabeth Frantz

(Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said he did not believe the U.S. economy is currently in a recession but it is softening and the path for the Fed to avoid a recession continues to narrow.

"I don't think the economy is in recession right now," Powell said at a press conference following the central bank's latest two-day policy meeting. But officials do believe the economy needs a period of below-potential growth to create sufficient slack to lower inflation.

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19-08-2022 15:32:05 (UTC+7)

EUR/USD

1.0085

-0.0003 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (0)

EUR/USD

1.0085

-0.0003 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (0)

GBP/USD

1.1888

-0.0042 (-0.35%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

USD/JPY

136.57

+0.69 (+0.51%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (11)

AUD/USD

0.6900

-0.0018 (-0.26%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

USD/CAD

1.2976

+0.0029 (+0.23%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

EUR/JPY

137.73

+0.64 (+0.47%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (9)

EUR/CHF

0.9655

+0.0003 (+0.03%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (10)

Gold Futures

1,766.90

-4.30 (-0.24%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Silver Futures

19.172

-0.292 (-1.50%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Copper Futures

3.6197

-0.0118 (-0.32%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (1)

Crude Oil WTI Futures

89.33

-1.17 (-1.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (6)

Brent Oil Futures

95.37

-1.22 (-1.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

Natural Gas Futures

9.088

-0.100 (-1.09%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (3)

US Coffee C Futures

215.03

+0.23 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Euro Stoxx 50

3,746.05

-31.33 (-0.83%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

S&P 500

4,283.74

+9.70 (+0.23%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (8)

DAX

13,570.01

-127.40 (-0.93%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

FTSE 100

7,521.35

-20.50 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Hang Seng

19,772.50

+8.59 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (3)

US Small Cap 2000

2,000.73

+13.41 (+0.68%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

IBEX 35

8,348.24

-82.06 (-0.97%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

BASF SE NA O.N.

43.087

-0.353 (-0.81%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (8)

Bayer AG NA

53.23

-0.83 (-1.54%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Allianz SE VNA O.N.

176.04

-2.48 (-1.39%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Adidas AG

165.60

-1.92 (-1.15%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (6)

Deutsche Lufthansa AG

6.325

-0.241 (-3.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

Siemens AG Class N

109.25

-1.01 (-0.92%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

Deutsche Bank AG

8.600

-0.268 (-3.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

 EUR/USD1.0085↑ Buy
 GBP/USD1.1888Buy
 USD/JPY136.57Sell
 AUD/USD0.6900Buy
 USD/CAD1.2976Sell
 EUR/JPY137.73Sell
 EUR/CHF0.9655↑ Sell
 Gold1,766.90↑ Buy
 Silver19.172↑ Buy
 Copper3.6197↑ Buy
 Crude Oil WTI89.33↑ Sell
 Brent Oil95.37↑ Sell
 Natural Gas9.088Neutral
 US Coffee C215.03↑ Buy
 Euro Stoxx 503,746.05↑ Sell
 S&P 5004,283.74Sell
 DAX13,570.01↑ Sell
 FTSE 1007,521.35↑ Sell
 Hang Seng19,772.50Neutral
 Small Cap 20002,000.73↑ Buy
 IBEX 358,348.24↑ Sell
 BASF43.087↑ Sell
 Bayer53.23↑ Sell
 Allianz176.04↑ Sell
 Adidas165.60↑ Sell
 Lufthansa6.325↑ Sell
 Siemens AG109.25↑ Sell
 Deutsche Bank AG8.600↑ Sell
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# So hôm qua # Chênh TG
SJC Eximbank6,600/ 6,700
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SJC HCM6,620/ 6,720
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SJC Hanoi6,620/ 6,722
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SJC Danang6,620/ 6,722
(0/ 0) # 1,748
SJC Nhatrang6,620/ 6,722
(0/ 0) # 1,748
SJC Cantho6,620/ 6,722
(0/ 0) # 1,748
Cập nhật 19-08-2022 15:32:09
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,753.92-4.65-0.26%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$89.05+1.21.33%
Brent$94.94+0.920.95%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR22.981,7524.268,73
GBP27.175,3928.334,31
JPY167,13176,93
KRW15,2618,59
Cập nhật lúc 15:29:06 19/08/2022
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