Following the Federal Open Market Committee (FOMC) decision 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 monetary policy perspective.
Featured statements:
“The recovery remains uneven, is still incomplete. “
“The conditions in the labor market have continued to improve“.
“The 6% unemployment rate underestimates the employment deficit.”
“The 12-month measures of the short-term PCE inflation exceeds 2%“.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
