Key Takeaways from Fed Chair Jerome Powell’s Testimony on Inflation and Interest Rates
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Fed Chair Jerome Powell testified on inflation and interest rates, stating that while progress has been made, the Fed wants more evidence before cutting rates. He emphasized the need for sustainable inflation and acknowledged the risks of overheating and weakening job market. Powell also discussed proposed banking regulations and Wall Street executive compensation. #Fed #Inflation #InterestRates #Economy...

#newstr #FederalReserve #JeromePowell #Inflation #InterestRates #JobMarket #BankingRegulations 

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