Federal Reserve Chairperson Jerome Powell said that while policy is restrictive, it is not overly tight, and that the neutral interest rate may have risen; when the Federal Reserve has confidence in inflation, it is time to act.
Powell said he would remain in office until May 2026; he is very pleased to assume the position of chairperson of the Federal Reserve Board.
Powell: Will remain in office until May 2026
2024-07-15 17:09:57
Federal Reserve Reserve Chairperson Powell Says Policy Although Restrictive Excessive Austeritydesk3cryptocurrencydesktopCrypto News
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