Powell: U.S. Economy on Solid Footing, Unemployment Rate Showing Some Stabilization Signs
BlockBeats News, January 29, Federal Reserve Chairman Powell: Good Afternoon. The U.S. economy is on a solid footing, and it expanded at a moderate pace last year.
There have been some signs of stabilization in the unemployment rate. The current policy stance is appropriate. The government shutdown likely weighed on fourth-quarter economic growth but will be reversed. (Forex Live)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Federal Reserve's hawkish stance is rapidly intensifying! Daly: Further rate hikes are needed to curb inflation, as companies are preparing to raise prices and pass on costs.
Mary Daly, President of the San Francisco Federal Reserve, stated that to further curb inflation, the Federal Reserve will likely need to implement additional interest rate hikes. She also revealed that a growing number of companies are considering raising their prices.
Jensen Huang's departure from Nvidia will result in the loss of approximately $108 million in unvested equity
According to Nvidia's equity compensation policy, unvested Restricted Stock Units (RSUs) will be forfeited if an executive leaves the company. Jensen Huang holds approximately 346,000 such units and is expected to receive around 310,000 shares through the company's equity incentive plan. Jensen Huang's estimated wealth is $138.4 billion, and the aforementioned equity awards account for just 0.08% of his net worth.
Crypto prices
More
