Federal Reserve Chair Powell Stresses Patience with Interest Rates as US Inflation Persists
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#a6c7f3e2 ver:0.54

Federal Reserve Chair Powell emphasizes patience with interest rates as US inflation persists. Powell expresses contentment with the US economy overall and highlights the importance of managing inflation. He downplays the potential for a rate hike and expects inflation to ease, but acknowledges persistent price increases. Powell's remarks suggest a likelihood of tight monetary policy for a sustained period and potential impacts on the labor market and economic cooling. Meanwhile, European central banks may cut rates before the Fed due to easing price pressures in Europe. #FederalReserve #interestrates #inflation...

#newstr #FederalReserve #InterestRates #Inflation #UsEconomy #EuropeanCentralBank 

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