🗣️Fed Chair Jerome Powell: We don't need to see further labor market loosening to bring inflation down to 2%.
Moreover ;
🗣️Fed Chairman Jerome Powell:
•The economy is generally strong.
•The labor market has cooled from its previous overheating.
•The inflation target has decreased significantly since August.
•We are clearly focused on our goals.
•According to our forecasts, we will see GDP growth remain strong.
•The Fed can protect the workforce's strength by tightening policy.
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