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Federal Reserve Chairman Jerome Powell emphasized during his recent interview the Fed's commitment to achieving maximum employment and stable prices for the benefit of the USA. Here are the key points from his statement:
1. Maximum Employment: Powell highlighted the Fed's goal of maximizing employment across the United States. This objective entails fostering conditions where as many people as possible who are willing and able to work can find employment opportunities.
2. Stable Prices: The Fed aims to maintain stable prices to support economic stability and growth. Stable prices are crucial for consumers' purchasing power and businesses' planning and investment decisions.
3. Benefit of the USA: Powell emphasized that these dual objectivesโmaximum employment and stable pricesโare pursued for the overall benefit of the United States. By achieving these goals, the Fed aims to promote sustainable economic growth, reduce economic inequalities, and enhance the well-being of the American people.
Overall, Powell's remarks underscore the Federal Reserve's role in managing monetary policy to support the broader economic objectives of the country, ensuring a balance between fostering employment and maintaining price stability.
#CPI_BTC_Watch #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
Federal Reserve Chairman Jerome Powell emphasized during his recent interview the Fed's commitment to achieving maximum employment and stable prices for the benefit of the USA. Here are the key points from his statement:
1. Maximum Employment: Powell highlighted the Fed's goal of maximizing employment across the United States. This objective entails fostering conditions where as many people as possible who are willing and able to work can find employment opportunities.
2. Stable Prices: The Fed aims to maintain stable prices to support economic stability and growth. Stable prices are crucial for consumers' purchasing power and businesses' planning and investment decisions.
3. Benefit of the USA: Powell emphasized that these dual objectivesโmaximum employment and stable pricesโare pursued for the overall benefit of the United States. By achieving these goals, the Fed aims to promote sustainable economic growth, reduce economic inequalities, and enhance the well-being of the American people.
Overall, Powell's remarks underscore the Federal Reserve's role in managing monetary policy to support the broader economic objectives of the country, ensuring a balance between fostering employment and maintaining price stability.
#CPI_BTC_Watch #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
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