Powell, Chair of the Federal Reserve, Speech Summary

2025/05/15

Discussion on financial policy framework, no comments on interest rate outlook

April PCE may reach around 2.2% year-on-year

Officials agreed on the need to reconsider the strategic statements regarding the employment gap and average inflation rate

The framework needs to be solid

Still considering revising the communication methods

2025/05/15 (Thursday)

Due to economic changes and policy liquidity, long-term interest rates may rise

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