Following the decision of the Federal Open Market Committee (FOMC) to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, presents his comments on the policy perspective.
Featured statements
“Some of the worst economic results are avoided.”
“No one should be complacent.”
“The Fed will continue to provide support for as long as it takes.”
“The ongoing vaccines offer hope of returning to more normal conditions later this year.”
“The economic recovery is uneven, far from complete.”
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