đŁď¸Fed Chair Jerome Powell:
⢠Inflation has declined significantly but remains above our objective.
⢠Today's decision reflects increased confidence that the strength of the labor market can be sustained.
⢠Our patient approach is paying off, and inflation is now much closer to our objective.
đŁď¸Fed Chair Jerome Powell: We do not need to see further labor market loosening to get inflation down to 2%.
đŁď¸Fed Chair Jerome Powell: We do not need to see further labor market loosening to get inflation down to 2%.
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