Powell: Governments must understand the impact of potentially sharp fluctuations in the dollar
2025-06-02 17:08:13
On June 3rd, Federal Reserve Chairperson Jerome Powell gave an opening speech at an event. He said that the Federal Reserve still needs to deeply understand the policies and practices of other governments and central banks, and their impact on the US economy and financial marekt. The end of the Bretton Woods system in the 1970s fundamentally changed the way monetary policy is implemented. Exchange rate policy is now mainly handled by the US Treasury. < b > Policymakers must understand the impact of potential more severe fluctuations in the dollar on US households and businesses . It is reported that < b > Federal Reserve Chairperson Powell did not comment on monetary policy and the economic outlook . < br > < img src = "https://flash-scdn.jin10.com/20a5918c-c2a4-4248-b5d4-3a116a4c7e70.png" referrerpolicy = "no-referrer" >
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
