Powell: The omission of a change in confidence language from the FOMC statement does not suggest any stickiness to inflation
2024-11-07 19:52:24
Midland bank reserve chairperson powell expressed fomc statement omitted relevant confidencedesk3cryptocurrencydesktopCrypto News
Fed chairperson Jerome Powell said the omission of a change in confidence language from the FOMC statement did not imply any hint of stickiness in inflation. Asked about September's forecast for a 2025 rate cut, Mr. Powell said he did not rule that out or accept that possibility.
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