Federal Reserve Chairman Powell: We do not need to rush to adjust the policy interest rate

2025-01-30 03:35:20
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ChainCatcher news, Federal Reserve Chairman Powell stated at the press conference that there is no need to rush to adjust the policy interest rate. He pointed out that inflation is closer to the target but still somewhat elevated. The labor market is not a source of inflationary pressure. The unemployment rate remains at 4.1%, still at a low level. (Golden Ten)

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