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Powell opening statement: Looking ahead, we'll take a data dependent approach

Powell opening statement: Looking ahead, we'll take a data dependent approach
The US banking system is sound and resilientWe're committed to learning the right lessons from banking routWe remain strongly committed to bringing inflation back down to 2% goalLooking ahead, we'll take a data dependent approachThere are some signs that labor supply and demand are coming back into balanceNominal wage growth has shown some signs of easing and job ads are downBut overall, demand far outweighs supply of laborThe process of getting inflation back down to 2% has a long way to goIt w... Read More
Posted: May 3 2023, 18:32
Author Name: forexlive
Views: 102814

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