FOMC Chairman Jerome Powell comments on the political outlook following the Federal Reserve’s decision to raise the official interest rate by 75 basis points to the 3.75-4% range after the November monetary policy meeting.
Featured Statements
“We closely follow economic developments abroad.”
“We are in frequent contact with our foreign counterparts.”
“I have a meeting this weekend with a lot of central bankers.”
“It is clear that this is a difficult time in the world economy.”
“We are seeing that China has problems with the zero hole policy.”
“The strength of the dollar is a challenge for some countries.”
“We take all of that into account in our models.”
“In the United States we have a strong economy.”
“We know that we have to use our tools to bring down inflation, the world will not be better off if we don’t.”
“Price stability in the US is a good thing for the world economy.”
Source: Fx Street
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
