NEW 🗞️ | Jerome POWELL
President of the US Federal Reserve:
If more good data comes, this will also convince us more that inflation is falling.
The economy has now reached the pre-pandemic level. Still, we are still trying to balance. If we lower interest rates quickly, the work we do to lower inflation can be wasted.
If the job market unexpectedly weakens, this creates a reason for us to lower interest rates.