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, is offering his comments. on political prospects.
Featured statements
“There is no consensus on what explains the movements in the bond markets.”
“I don’t see anything moving in the bond market that challenges the credibility of the mark.”
“The Fed is monitoring inflation very carefully.”
“The Fed believes it will make good progress in the next two years towards maximum employment.”
“We are clearly on the way to a very strong job market.”
“It is not appropriate to think about raising interest rates at this time, the Fed is looking at asset purchases instead.”
“Ideally, rates should not be increased before tightening.”
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