This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Fed Chair Jerome Powell
•If the economy remains strong and inflation does not head toward the 2% target, we can maintain the tight policy stance for a longer period.
•There is no need to rush to adjust policy.
•Unemployment is low and stable.
•The Fed will complete its framework review by the end of the summer.
•The framework review will not focus on the inflation target.
•The US economy is generally strong.
•Policy is well positioned to deal with risks and uncertainties...!