Powell: Policy will be gradually adjusted to a neutral level, and inflation is expected to continue to decline towards the 2% target
2024-11-14 20:05:59
Federal Reserve Reserve Chairperson Powell said the economy sending out signals indicating that the Federal Reservedesk3cryptocurrencydesktopCrypto News
Fed chairperson Jerome Powell said the economy was not signaling that the central bank needed to rush to lower interest rates. Policy will gradually adjust to neutral levels, but the path of policy is not predetermined. Inflation is expected to continue falling towards the 2 per cent target, although this process may experience a "fluctuating" path.
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