Powell: There are many paths for future interest rates
2025-06-24 14:29:17
Federal Reserve Chairperson Jerome Powell said in his congressional testimony that there are many possible paths for future interest rates. Inflation may not be as strong as expected, if so, it is recommended to cut interest rates as soon as possible; if the labor market is weak, it is also recommended to cut interest rates as soon as possible, but if inflation and the labor market are strong, it may be delayed.
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