Fed Chairman: I don't think the next move may be a rate hike, it is more likely to keep the policy rate at the current level

PANews May 14 news, according to Jinshi, Fed Chairman Powell issued a speech saying that the PPI data is actually quite mixed. We are not sure whether inflation will continue. We are not sure whether inflation will continue. Restrictive policies may take longer than expected to work to reduce inflation. But we will reduce the inflation rate back to 2%. In many ways, the policy rate is restrictive. It is not believed that the next move may be a rate hike, and it is more likely to maintain the policy rate at the current level.