🇺🇸 Part 2 - Jerome Powell: Chapter #ФРС (Federal Reserve)
✔ There are other factors that could lead us to lower rates - unexpected weakness in the labor market.
✔ We will likely have to balance wage levels to achieve inflation targets.
✔ There is no convincing evidence to INCREASE the rate at subsequent meetings.
✔ My confidence in a further decline in inflation is lower than it was before.
✔ I don’t know how long it will be before we start reducing the rate.
✔ There are other factors that could lead us to lower rates - unexpected weakness in the labor market.
✔ We will likely have to balance wage levels to achieve our inflation target.
✔ There is no convincing evidence to INCREASE the rate at subsequent meetings.
✔ I believe that inflation will continue to decline this year.
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