๐ข Statements from Fed Chair Jerome Powell:
โข If the economy remains strong and inflation doesnโt move toward the 2% target, we may maintain a tight policy stance for longer.
โข No rush to adjust policy.
โข Unemployment rate is low and stable.
โข The Fed will complete its framework review by the end of summer.
โข The framework review will not focus on the inflation target.
โข The inflation target will remain at 2%.
โข We are well-positioned to handle risks and uncertainties.
โข The U.S. economy is generally strong.
โข Policy is well-positioned to address risks and uncertainties.
๐ Stay tuned for more updates! ๐
#Fed #JeromePowell $BTC