Federal Reserve Chairman Powell: If the economy remains strong and inflation remains stubborn, policy adjustments may be made more slowly

2024-09-19 02:37:31

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ChainCatcher message, Federal Reserve Chairman Powell stated: "We have not set any fixed path for interest rates and will make decisions in a series of meetings. If the economy remains strong and inflation remains stubborn, we may adjust policy more slowly. If appropriate, we can accelerate or slow down the pace of rate cuts, or even choose to pause rate cuts."

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