đŁď¸Fed Chair Jerome Powell:
â˘Inflation has fallen significantly but remains above our target.
â˘Today's decision reflects growing confidence that the strength of the labor market can be maintained.
â˘Our patient approach is paying off, and inflation is now much closer to our target.
đŁď¸Fed Chair Jerome Powell: We don't need to see further loosening of the labor market to bring inflation down to 2%.
đŁď¸Federal Reserve Chairman Jerome Powell: We do not need to see further loosening of the labor market to bring inflation down to 2%.
