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SOL $104.23 -1.64%
TRX $0.3348 -0.07%
DOGE $0.0900 +1.38%
ADA $0.2194 +0.82%
BCH $258.89 +1.05%
LINK $12.96 +6.18%
HYPE $86.43 -2.62%
AAVE $132.24 -1.33%
SUI $0.8192 +3.33%
XLM $0.1907 +3.58%
ZEC $1,170.04 +0.89%

Powell: High oil prices will weigh on consumption, the impact is still unclear

2026-03-19 02:42:43

According to Jinshi, Federal Reserve Chairman Powell stated that prolonged high oil prices will dampen consumption, but it is still unclear whether this will be the case.

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