🗣️Fed President Jerome Powell:
•We continue to have solid growth and a strong labor market.
•We have made a lot of progress on inflation.
•The downward trend in inflation shows signs that it will continue.
🗣️Fed President Jerome Powell:
•We need to be safer before lowering the policy rate. We should see more data like we have seen recently.
•The disinflation trend is showing signs of restarting. We are returning to the disinflation path again.
