Powell: Long-term inflation expectations remain solid; no rush to address energy shocks for now

CycleProphet · 2026-03-30T15:06:02+00:00

Deep Tide TechFlow News, March 30 — According to Jinshi Data, Federal Reserve Chairman Jerome Powell stated on Monday that despite ongoing energy shocks, long-term inflation expectations still appear to remain stable, and the Federal Reserve does not yet need to decide how to respond to the latest developments. He said at Harvard University, “Inflation expectations beyond the short term still seem to be solid.” When discussing the energy shocks related to the Iran conflict, he noted, “We are not yet clear on their specific impact on the economy, but given that inflation has been persistently above the 2% target level, we will closely monitor their influence on price pressures.”

CycleProphet

2026-03-30 15:06:02

Deep Tide TechFlow message, March 30, according to Jīnzhǐ Data, Federal Reserve Chair Jerome Powell said on Monday that although the current energy shock persists, long-term inflation expectations appear to remain stable, and the Federal Reserve does not yet need to decide how to respond to the latest situation. Speaking at Harvard University, he said: “Inflation expectations appear to remain solid beyond the short term.” When discussing the energy shock related to a war involving Iran, he said: “We do not yet know its specific impact on the economy, but given that inflation is expected to remain above the 2% target level in the long run, we will closely monitor its impact on price pressures.”

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