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Powell: Can Wait to Consider Interest Rate Adjustments, Final Tariff Level Will Determine Impact
Summary: According to sources, Federal Reserve Chairman Powell stated that the impact of policy adjustments on the economy still remains uncertain. Currently in a favorable position, interest rate adjustments can be considered at a later time. The final tariff level will determine its impact. Inflation has significantly eased but remains somewhat above the target, with long-term ...
According to sources, Federal Reserve Chairman Powell stated that the impact of policy adjustments on the economy still remains uncertain. Currently in a favorable position, interest rate adjustments can be considered at a later time. The final tariff level will determine its impact. Inflation has significantly eased but remains somewhat above the target, with long-term inflation expectations consistent with the 2% target.
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Link: Powell: Can Wait to Consider Interest Rate Adjustments, Final Tariff Level Will Determine Impact [Copy]