🚨🇺🇸 Breaking: Jerome Powell's Reveals Fed's Monetary Policy Stance! 🇺🇸

Federal Reserve Chair Jerome Powell shares his insights:

🔍 Data-driven decisions: No rate cuts without convincing labor market weakness.

🕰️ Timing is everything: Avoiding premature or delayed rate cuts.

💸 Wage growth: Slowing down, but still above equilibrium levels.

📊 Inflation target: 2% by end of next year or possibly the year after.

🏛️ Fed independence: Powell stresses the importance of separation from political pressures.

📈 US government deficit: Unsustainable and requires prompt attention.

📊 Unemployment rate: 4% is still very low; stabilization is key.

📊 Inflation goal: At or below 2% in a year.

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