š¢ Statements from Fed Chair Jerome Powell:
⢠If the economy remains strong and inflation doesnāt move toward the 2% target, we may maintain a tight policy stance for longer.
⢠No rush to adjust policy.
⢠Unemployment rate is low and stable.
⢠The Fed will complete its framework review by the end of summer.
⢠The framework review will not focus on the inflation target.
⢠The inflation target will remain at 2%.
⢠We are well-positioned to handle risks and uncertainties.
⢠The U.S. economy is generally strong.
⢠Policy is well-positioned to address risks and uncertainties.
š Stay tuned for more updates! š
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