US Fed Chair Expresses Lowered Confidence in Inflation, Expects Policy Rate to Remain Steady
===============	
#a6c7f3e2 ver:0.47

US Fed Chair Powell expresses lowered confidence in inflation, expects policy rate to remain steady. Recent data shows weaker productivity gains and a jump in unit labor costs. Fed's approach is cautious and patient, focusing on avoiding rise in unemployment. Case for weaker inflation is strong, with idiosyncratic factors driving inflation. Powell anticipates no interest rate increase. #Fed #inflation #economy...

#newstr #UsInflation #FederalReserve #JeromePowell 

 https://here.news/story/a6c7f3e2?ver=0.47