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Powell: We are prepared to raise rates further if appropriate, will proceed carefully
We will decide next move based on dataFed will proceed 'carefully' when deciding to hike again or hold steadyWill decide next moves based on dataFed attentive to signs economy not cooling as expectedEconomic uncertainty calls for 'agile' monetary policy makingInflation remains too highTwo months of good data are only the beginning of what we need to see to build confidence on inflation pathPolicy is restrictive but Fed can't be certain what neutral rate level isFed will not change 2% targetLower...
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Posted: Aug 25 2023, 14:03
Author Name: forexlive
Views: 110227