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Powell: Will remain in office until May 2026
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.
2024-07-15 17:09:57
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