Powell: The omission of changes in the wording of confidence from the FOMC statement does not imply any hint of inflationary stickiness "

Crypto 7x24

2024-11-08 04:17:31

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According to online reports, Federal Reserve Chairman Powell said that the omission of changes in the wording of confidence in the FOMC statement does not imply any hint of inflation stickiness. When asked about his September forecast for interest rate cuts in 2025, Powell said he did not rule out or accept the possibility.

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Powell: The omission of changes in the wording of confidence from the FOMC statement does not imply any hint of inflationary stickiness "
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