Powell: Premature and excessive loosening of policy may undermine inflation progress

Golden Finance reported that Federal Reserve Chairman Powell said that it is not appropriate to cut interest rates until the Fed is confident that inflation will continue to move towards 2%. Easing policy prematurely and for too long may harm inflation progress.

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HappyMickeyMousevip
· 2024-07-09 14:13
Another disappointing statement, it looks like the rate cut in September is uncertain.
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