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Powell: Neutral interest rate may have risen, will stay in office until May 2026

Powell: Neutral interest rate may have risen, will stay in office until May 2026

Odaily2024/07/15 22:24
By:Odaily
Odaily News Fed Chairman Powell said that policy appears to be restrictive, but not extremely restrictive; the neutral interest rate may have risen; when the Fed is confident about inflation, it is time to act. Powell said that he will stay in office until May 2026; he is very happy to serve as the chairman of the Federal Reserve.
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