Powell's latest key turning point speech: The Federal Reserve's obligation is to keep long-term inflation expectations stable."

Crypto 7x24

2025-04-05 02:18:14

According to online reports, Nick Timiraos, the "sounding board of the Federal Reserve", concluded that Federal Reserve Chairman Powell is at a critical turning point. Powell's remarks at key turning points over the years are as follows: June 2019: Take appropriate actions to maintain economic expansion; August 2024: Further weakness in the labor market is not advisable; April 2025: Our obligation is to keep long-term inflation expectations stable.

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